ZIMBABWE’S biting liquidity challenges are anticipated to persist into the near future before government eventually introduces a local currency, a local equities group has said. Highlighting that government has effectively failed to deal with cash shortages; IH Securities (IH) said currency shortages were going to continue as parallel market rates soar spurred by an increase in broad money, which is the money supply in the national payment system. This comes as parallel market rates have been rising in the past two weeks. “The 47,97 percent increase in broad money supply in 2017 will effectively exacerbate the currency shortage as demand for hard currencies will remain robust maintaining support for cash premiums. “Liquidity constraints have been persisting into 2018 despite reprieves…