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*Update On RBZ Reserve Money As Of The Week Ending 11 February 2022* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ej 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* *More: Pindula News* itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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