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*RBZ: Reserve Money Update As At 11 September 2020* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?kl The Reserve Bank of Zimbabwe (RBZ) says reserve money increased by ZW$671 million to ZW$ 13 825 million over the week ending 11 September 2020, from ZW$13 154 million recorded during the previous week. In its weekly review statement, the central bank said: > Reserve money increased by ZW$671 million to ZW$ 13 825 million over the week ending 11 September 2020, from ZW$13 154 million recorded during the previous week. > The growth in reserve money largely reflected an increase of ZW$332 million in banks’ deposits at the Reserve Bank. The increase in banks’ liquidity was mainly due to RBZ purchases of foreign currency from exporters. > Required reserves and currency issued also rose by ZW$68 million and ZW$39 million, respectively, during the week under review. DOWNLOAD HERE THE Reserve Money Update – 11 September-2020 ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- 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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