Zimbabwe Limits USD Outflows for Departing Residents to $2,000
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The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount of U.S. dollars that travelers can carry out…
Court Orders New York Man to Pay $36M for Forex, Digital Asset Fraud
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William Koo Ichioka has been ordered to pay over $36 million after admitting to a forex and digital asset fraud scheme. His…
IMF Warns Zambia Against Dedollarization, Calls Plan Counterproductive
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An International Monetary Fund representative has cautioned that Zambia’s proposed dedollarization initiative may inadvertently undermine efforts to contain inflation. The representative expressed…