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New cash rules spark bank chaos

Updated on 29 September 2008

Source PA News

Tens of thousands of Zimbabweans queued for money after the government raised the limit on daily bank withdrawals.

New rules went into effect allowing withdrawals of up to 20,000 Zimbabwe dollars, the equivalent of about £17. The old 1,000 Zimbabwean-dollar limit was barely enough to buy a newspaper.

The limits, and spiralling inflation, had meant long queues at banks most days, but the raised limit resulted in extraordinary scenes, with traffic unable to negotiate some Harare streets.

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