POSB gets US$7,6 million from FX auction in H1

MASS market banking institution POSB says it got US$7,6 million from the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system for the first half of this year ending June 30, 2022.
POSB chief executive officer Admore Kandlela told shareholders at the bank’s 8th AGM in Harare this week that forex auction allocations pending settlement on the 30th of June 2022 totalled US$5,1 million.

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Admore Kandlela, POSB chief executive

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