The Reserve Bank of Zimbabwe (RBZ) has announced that Reserve money increased by ZW$352.56 million to ZW$26.76 billion during the week ending 11th February 2022, compared to the previous week (4 February 2022)’s position of ZW$26.41 billion. Pindula News presents an update issued by the central bank:
RESERVE MONEY
1. Reserve money increased by ZW$352.56 million to ZW$26.76 billion during the week ending 11th February 2022, compared to the previous week’s position of ZW$26.41 billion.
2. The rise in reserve money largely reflected an increase of ZW$388.65 million in required reserves. Partially offsetting the increase were decreases of ZW$33.83 million and ZW$2.26 million in currency issued and banks’ liquidity (RTGS balances) at the Reserve Bank, respectively.
Download:Reserve-Money-Update—-11-February-2022
