Regulatory Alerts1994-01-01
Bank of Zambia Circular 10/1994 on Statistics for Foreign Exchange Transactions
The Bank of Zambia has issued revised FX Purchases and FX Sales reporting forms to replace previous versions that aggregated transaction details. These updated forms mandate commercial banks and bureaux de change to record the specific exchange rate, dealer name, and detailed purposes or sources of each foreign exchange transaction while omitting customer names. Authorized dealers are required to submit completed weekly batches of these forms to the Bank of Zambia Research Department every Monday by 12:00 hours.
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