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DOWNLOAD: RBZ Reserve Money Update As Of 31 December 2021

DOWNLOAD: RBZ Reserve Money Update As Of 31 December 2021

The Reserve Bank of Zimbabwe (RBZ) says reserve money decreased by ZW$2.31 billion to ZW$25.94 billion during the week ending 31 December 2021, compared to the previous week’s position of ZW$28.25 billion. The central bank said:

UPDATE ON RESERVE MONEY AS OF 31ST DECEMBER 2021

RESERVE MONEY

1. Reserve money decreased by ZW$2.31 billion to ZW$25.94 billion during the week ending 31st December 2021, compared to the previous week’s position of ZW$28.25 billion.

2. The fall in reserve money largely reflected declines of ZW$1.99 billion in banks’ liquidity (RTGS balances) at the Central Bank, coupled with a decrease of ZW$319.60 million in required reserves.

3. Currency issued rose marginally, by ZW$1.07 million, during the week under review.

To download the full update, click here

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1 comments

Zet 1 week, 1 day ago

What can we learn from this report? Vanoziva tiudzeiwo, is it good for the money to decrease or increase and the issuing of currency. What impact will all this have on our currency rate and Zimbabwean economy at large.

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