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RBZ Reserve Money Update As Of 25 February 2022

RBZ Reserve Money Update As Of 25 February 2022

The Reserve Bank of Zimbabwe (RBZ) has revealed the reserve money supply as of 25 February 2022. The central bank said in a statement:

Reserve money went up by ZW$957.06 million to ZW$27.21 billion during the week ending 25th February 2022, compared to the previous week’s position of ZW$26.25 billion.

The increase in reserve money largely reflected an increase of ZW$707.10 million in required reserves.

Currency issued and banks’ liquidity (RTGS balances) at the Reserve Bank also rose by ZW$123.59 million and ZW$63.37 million, respectively.

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