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*RBZ Update On Reserve Money 6 October 2020* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?zf The Reserve Bank of Zimbabwe has reported that Banking sector deposits at the central bank increased by ZW$1.4 billion, while currency issued increased by ZW$69.5 million. This resulted in reserve money rising by ZW$1.1 billion, to ZW$15.4 billion over the week ending 9 October 2020. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- Government deposits at the Central Bank declined by ZW$1.7 billion, which had the impact of injecting liquidity at banks, thus contributing to the increase in reserve money during the week under review. More: Reserve-Money-Update—9-October-2020 PDF _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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