Home
About
Contact
Register
Login
Generate
WhatsApp Message
*RBZ: Reserve Money Update As Of 23 April 2021* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?jy The Reserve Bank of Zimbabwe (RBZ) has issued an update on the country’s reserve money as of 23 April 2021. We present RBZ’s statement below. > RESERVE MONEY Reserve money increased by ZW$637.41 Million to ZW$22.54 billion, as at week ending 23rd April 2021, largely reflecting increases of ZW$309.98 million in banks’ liquidity (RTGS balances) at the Reserve Bank and ZW$293.85 million in statutory reserves. Currency issued also rose by ZW$33.59 million. The increase in reserve money was mainly attributed to maturing saving bonds, which injected ZW$3.52 billion into the market, during the week under review. PRELIMINARY ESTIMATES Aug-20 Sep-20 Oct-20 Nov-20 Dec-20* Week Ending 29 Jan-21 Week Ending 26 Feb-21 Week Ending 26 Mar-21 Week Ending 16 April-21 Week Ending 23 April-21 Currency Issued by RBZ 2.06 2.14 2.12 2.13 2.38 2.81 2.95 3.15 3.15 3.19 Banking Sector Deposits at RBZ 10.06 10.25 13.38 15.91 16.38 19.12 19.43 17.62 18.75 19.36 Statutory (Required) Reserves 1.24 1.40 1.68 2.07 2.20 2.44 4.80 5.15 5.29 5.59 Banks’ RTGS Liquidity 8.83 8.85 11.70 13.90 14.18 16.68 14.63 12.47 13.46 13.77 Other Deposits 0.26 0.34 0.02 0.38 0.00 0.00 0.00 0.00 0.00 0.00 Reserve Money 12.38 12.73 15.52 18.42 18.76 21.93 22.38 20.77 21.90 22.54 Memorandum Items Currency Issued/Reserve Money Ratio (%) 16.6 16.8 13.7 11.6 12.67 12.79 13.17 15.16 14.39 14.13 Currency in Circulation /Deposits Ratio (%) 0.7 0.7 0.7 0.6 1.2 1.1 1.3 1.3 1.3 1.2 PRELIMINARY ESTIMATES Aug-20 Sep-20 Oct-20 Nov-20 Dec-20* Week Ending 29 Jan-21 Week Ending 26 Feb-21 Week Ending 26 Mar-21 Week Ending 16 April-21 Week Ending 23 April-21 Monthly Change in RTGS Balances (%) -15.2 0.3 32.2 18.8 -8.03 20.71 1.19 -2.07 13.76 2.30 Monthly Change in Reserve Money (%) -23.3 2.8 21.9 18.7 -5.59 17.86 12.40 -0.47 9.09 2.91 Government Deposits at RBZ (Stock) 9.52 10.45 5.47 4.65 6.74 10.46 10.06 14.65 11.32 12.88 Monthly Inflation (%) ZWS CPI 8.4 3.8 4.4 3.2 4.2 5.4 3.5 2.26 1.58 1.58 Monthly Inflation (%) Blended 1.4 -0.5 1.4 2.2 2.8 2.8 0.7 1.09 0.94 0.94 Inter-Bank 83.40 81.44 81.35 81.82 81.79 82.68 83.89 84.12 84.48 84.48 The end-December 2020 reserve money is provisional until audit is completed. ---------- itel A70 256GB $99USD WhatsApp: https://wa.me/+263715068543 Calls: 0772464000 ---------- More: Pindula News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback