首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Zimbabwe’s banking sector has been hit with massive withdrawals by risk-loathing depositors over the past five months, with bank
Zimbabwe’s banking sector has been hit with massive withdrawals by risk-loathing depositors over the past five months, with bank
admin
2018-06-29
53
问题
Zimbabwe’s banking sector has been hit with massive withdrawals by risk-loathing depositors over the past five months, with banking sector sources indicating that reports of a return of the domestic currency have further unsettled bank customers. The Zimbabwe dollar was banished from circulation in 2009 to stem a hyperinflationary crisis that plunged the economy into an unprecedented catastrophe characterized by commodity shortages.
A source from one top bank said since December last year, most businesses have been transacting in cash and avoiding the banking sector. He said this is likely to have resulted in an overall shrinkage in deposit levels within the banking sector. "I have not noticed any panic withdrawals as a result of reports of a Zimbabwe dollar return, but since December, many people have been preferring cash transactions and avoiding banks," said the source.
Total banking sector deposits amounted to US $ 473 billion as at December 31, 2013, according to latest statistics from the Reserve Bank of Zimbabwe(RBZ). This was an increase from deposit levels of US $384 billion in June 2013. Deposits have since the adoption of a hard currency economy grown slowly due to a combination of factors. These factors include low deposit rates being offered by banks, which the RBZ says have conspired with high bank charges to
militate against
efforts geared at broadening the country’s deposit base.
An acceleration of deposit withdrawals is likely to worsen a liquidity crunch in a country desperate for cash to revive an economy back in intensive care after stabilising briefly when government adopted a hard currency regime. Another banking sector source said liquidity in the banking sector was "gradually thinning. " He suggested that this could have something to do with reports of the Zimbabwe dollar’s resurgence.
Panic over the comeback of the Zimbabwe dollar would be regardless of assurances from government that it would not bring back the local currency into circulation soon, despite a liquidity crunch certain to
impede
government business unless a rescue package is secured. Another banking sector source said deposits were plummeting due to significant withdrawal levels by the corporate sector.
According to the passage, the government of Zimbabwe______.
选项
A、is contemplating to bring back the Zimbabwe dollar into the economy
B、pledged to stick to the current hard currency regime
C、pledged to protect government business
D、pledged to launch a rescue package
答案
B
解析
转载请注明原文地址:https://kaotiyun.com/show/KxMO777K
本试题收录于:
CATTI二级笔译综合能力题库翻译专业资格(CATTI)分类
0
CATTI二级笔译综合能力
翻译专业资格(CATTI)
相关试题推荐
ChinaistosenditstopnegotiatoronNorthKorea’snuclearprogramtoPyongyang(36)amidinternationalconcernoverthelaunc
I’dliketotalkabout(1)inEnglandandWales,andinEnglandandWalesthereare(2)ofcouncil.Forinstance,ifIcouldtak
Theproperwaystoexperienceanothercultureauthenticallywhiletravelingabroadistosensethepreciselyeverydaylifeofan
Bullettrainswerefloodedinamountainousarea.
Ourworldhasneverbeensosmallorsoflat,thankstotechnologiesthathavealteredourrelationshipwithtimeandspaceinw
Thehumanbeingshavepollutedtheenvironmentseriously.ItistimetheUnitedNationsmusttakesomemeasures.
ItisrumoredthatMr.Smith,thegrandsonofthefounderoftheuniversityandaprofessorofphilosophy,willbe______aspresi
ThesleptgirlmightbedreamingofherMr.Right—shebeamedabigsmileandherfacewasred.
Intheneardistancewoundthatdeep,treacherous,goldenriver,theYangtze,andsomeofthemostterrifyingandsinister,asw
A、Theybuythingstosavemoney.B、Theyareeasilyexcitedatplayinggames.C、Smallbudgetsmakeitnecessaryforthemtobuyc
随机试题
铣削三面刃铣刀端面齿槽时,为了保证铣出的前刀面与圆柱面刀齿前刀面平滑连接,横向偏移量s应___________。
________亦称城市化、都市化,指人口和社会职能向城市或城市聚集,生产方式、文化模式和社会角色发生变更,使城乡接近、融合的过程。
下列有关任脉穴操作说法正确的有
首先考虑的诊断是若病人血小板计数复查2次均在50×109/L左右,但无皮肤出血点及消化道出血。血小板低的原因是
记账是指对特定主体的( )采用一定的记账方法,在账簿中登记。
根据《人民调解法》,关于调解协议的说法,正确的是()。
个人一等功奖励不属于公安部机关的,由()审批。
(2012年江苏.C类.6~10)医生和营养专家都说,黄曲霉素比三聚氰胺更可怕。比砒霜毒性大几十倍,那么有什么食物能消减黄曲霉素对人体的危害呢?有专家撰文说,绿叶菜中的叶绿素能大幅度减少黄曲霉素的吸收率。一家著名的医学杂志在2007年刊
What’sthemainpurposeofthistalk?
Ihave(hold)______mybreathoften.
最新回复
(
0
)