Update On RBZ Reserve Money As Of The Week Ending 4 February 2022

The Reserve Bank of Zimbabwe (RBZ) has issued an update on Reserve money noting that it declined during the week ending 4 February 2022 compared to the previous weeks’ position. Pindula News presents an update by the RBZ:

RESERVE MONEY

1. Reserve money declined by ZW$1.03 billion to ZW$26.41 billion during the week ending 4th February 2022, compared to the previous week’s position of ZW$27.44 billion.

2. The fall in reserve money largely reflected declines of ZW$922.97 million and ZW$104.52 in required reserves and currency issued, respectively.

Banks’ liquidity (RTGS balances) at the Reserve Bank also registered a decline of ZW$2.12 million.

Download: Reserve-Money-Update—-04-February-2022

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