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RBZ: Reserve Money Update As At 19 November 2021

RBZ: Reserve Money Update As At 19 November 2021

The Reserve Bank of Zimbabwe (RBZ) has said reserve money declined by ZW$272.36 million to ZW$27.98 billion, compared to the previous week’s position of ZW$28.26 billion. Pindula News presents the central bank’s update:

RESERVE MONEY

1. Reserve money for the week ending 19th November 2021 declined by ZW$272.36 million to ZW$27.98 billion, compared to the previous week’s position of ZW$28.26 billion.

2. This decline in reserve money was largely reflected by a decrease of ZW$684.27 million in banks’ liquidity (RTGS balances) at the Reserve Bank. Government deposits at the RBZ rose by ZW$17.13 billion during the week under review, thus contributing to the withdrawal of liquidity from the market.

3. Partially offsetting the decline in reserve money were increases of ZW$223.96 million and ZW$187.95 million in required reserves and currency issued, respectively.

  1. RBZ: Reserve Money Update As At 12 November 2021
  2. RBZ: Reserve Money Update As At 5 November 2021
  3. Reserves Update 29/10/2021: RBZ Reserve Money In Sharp Decline
  4. Reserve Money At The RBZ As Of 22 October 2021
  5. Reserve Money At The RBZ As Of 15 October 2021
  6. Reserve Money At The RBZ As Of 08 October 2021
  7. Reserve Money At The RBZ As Of 10 September 2021

Download: Reserve-Money-Update—-19-November-2021



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9 comments

mazimba 1 month, 3 weeks ago

kwatiri that's bull shit .atinei nazvo titaurirei nezvemabasa.kwete ma figures ayo.itori chines kwatiri.ende iwe Pala for your own information usati rambidze ku taura zvatoda.

Reply
Pala 1 month, 3 weeks ago

First read,understand or research on the subject before commenting❗

S D 1 month, 3 weeks ago

Iwe munhu ano commenta zvaanoda

The1 1 month, 3 weeks ago

This is not a classroom

Reply
Bullsh*t 1 month, 3 weeks ago

Bullsh*t

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raamsesb 1 month, 3 weeks ago

we added zeros to our local currency.we romoved zeros we are always adding zeros again.till we know that Gideon gono and mhtuli ncube are the worst economists for zimbabwe.tha answer is simple.1 usa$=1 zim dollar .then pay workers in usa$ .sell items in usa$,rands,pula kwacha ,meticai pounds etc.other wise in 2023 if tha government fails to act in time,chamisa may be luck because of these present day errors.every 1

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Nonsense 1 month, 3 weeks ago

Nonsense

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Chinos 1 month, 3 weeks ago

Reserve money ZW$28.26 billion, Budget ZW$927 billion. What does that mean to mai Chimuti in my Constituency. Kana kwandiri futi🤔

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Chapwititi 1 month, 3 weeks ago

Saka roti RBZ urikushanda,but currency yacho kwandiri inenge yadhakwa;because budget yasvika 927Billion,Saka reserve money haina zvainotaura

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