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*Reserve Bank of Zimbabwe: Reserve Money Increase* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?dc The Reserve Bank of Zimbabwe has announced that Reserve Money had increased by 240 million Zimbabwean dollars as of 28 May 2021. The increase follows a sharp decline in reserve money during the week that ended 7 May. The decline was attributed to a decrease in banks’ liquidity. ---------- itel A70 256GB $99USD WhatsApp: https://wa.me/263715068543 Calls: 0772464000 ---------- RBZ: Reserve Money In Sharp Decline DOWNLOAD: RBZ Update On Reserve Money – 30 April 2021 Reserve Bank Of Zimbabwe: Reserve Money Increase RBZ: Reserve Money Update As Of 23 April 2021 DOWNLOAD: Reserve Bank Of Zimbabwe Reserve Money Update -PDF RBZ Update On Reserve Money 6 October 2020 FBC Bank In Bribery Storm Involving High Court Judge CABS Receives Historic €15M Credit Facility From European Investment Bank Banks, Pension Funds Shun Tobacco Sector Mthuli: USD Depositors To Be Compensated For Exchange Losses Zimbabwe Enacts SI 65 of 2020 Which Directs Banks To Pay Interest On Savings Accounts And Fixed Deposits New Duty Regime Sharply Reduces Vehicle Imports Pindula News present below the central bank’s latest report of reserve money. > RESERVE MONEY > 1. Reserve money increased by ZW$239.55 million to ZW$23.38 billion, as of the week ending 28th May 2021, from ZW$23.14 million in the previous week. > 2. The rise in reserve money largely reflected increases of ZW$242.73 million in required reserves andZW$51.69 million in the currency issued. Partially offsetting these increases was a decline of ZW$54.87 million in banks liquidity (RGTS balances) at the central bank. > 3. Maturing OMO savings bonds injected ZW$532.75 million into the market, thus contributing to the increase in liquidity during the week under review. *Download: Reserve Money Update* More: Pindula News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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