ZIMBABWE’S foreign currency liquidity is anticipated to remain subdued with soaring cash market premiums despite government efforts to contain the situation, a local equities firm has said. In its August monthly snapshot, IH Securities highlighted that without the prospect of a stimulus package to bail Zimbabwe out of its cash quagmire, the parallel cash market was going to thrive as foreign exchange shortages persist. “We expect forex liquidity to remain subdued and parallel market premiums to remain high as immediate support from multilateral institutions is not likely in the short-term,” the analysts at IH said. This comes as newly elected President Emmerson Mnangagwa promised to immediately attend to the country’s two-year old cash crisis. “Measures will be taken to correct…