Zimbabwe banks drop withdrawal limits to $50

Some Zimbabwean banks have slashed the cash withdrawal limit to 50 dollars a day in the latest sign of an acute currency shortage.

Long queues have formed at banks over the past seven days, with bankers saying the crisis is worsening every day.

The bigger foreign-owned banks have reduced withdrawals from 300 to 200 dollars a day. Most people have turned to supermarkets for a cash-back facility, swiping their cards to buy some items and to get back money. 

However, some supermarkets have stopped providing the facility. 

BBC