Zim ATMs run out of cash

A snap survey by the Zimbabwe Independent has found that there is a biting cash shortage which has forced banks to lower their daily automated teller machine (ATM) withdrawal limits from US$3 000 (N$50 100) to US$800 (N$13 360), the newspaper reported on Friday.
The newspaper added some locally-owned banks had long suspended dispensing cash at most of their ATMs, with a government-owned bank going without ATM transactions since the festive season in an effort to manage the cash shortage.
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