RBZ FREEZES Bank Accounts As Chinese Firm Accused Of Manipulating Forex Rates On Black Market

The Reserve Bank Of Zimbabwe (RBZ) has frozen the bank accounts of a firm which is allegedly involved in parallel market activities on the EcoCash platform.   The freezing of accounts comes a few hours after the central bank issued a strongly worded statement warning entities manipulating the foreign currency rates on the black market, euphemistically known as the parallel market.  This was after the foreign currency rates of the United States Dollar started rising in the last few days following almost four months of relative stability.  The rate for a single United States Dollar shot up to above 25 Zimbabwe Dollars this week.
For more clearence go througher the words said by the governer of Zimbabwe.