UPDATE 1-Zambia’s central bank establishes medium-term facility to ease liquidity crunch
Zambia’s central bank said on
Friday it has established a 10 billion Zambian kwachas
($533.33-million) medium-term refinancing facility for financial
service providers (FSP) as part of emergency policy measures
aimed at easing a liquidity crunch triggered by the coronavirus.
Friday it has established a 10 billion Zambian kwachas
($533.33-million) medium-term refinancing facility for financial
service providers (FSP) as part of emergency policy measures
aimed at easing a liquidity crunch triggered by the coronavirus.
Posted by Reuters
