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*Reserve Bank of Zimbabwe Reserve Money Update As Of 17 December 2021:* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?tc *Reserve Bank of Zimbabwe Reserve Money Update as of 17 December 2021:* 1. Reserve money decreased by ZW$366.51 million to ZW$28.38 billion during the week ending 17th December 2021, compared to the previous week’s position of ZW$28.75 billion. 2. The fall in reserve money largely reflected declines of ZW$245.97 million and ZW$179.02 million in banks’ liquidity (RTGS balances) at the Reserve Bank and currency issued, respectively. Government deposits at the Central Bank increased by ZW$403.34 million, resulting in liquidity withdrawal from the market. ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- 3. Partially offsetting the decline was an increase of ZW$58.48 million in required reserves. *DOWNLOAD Reserve-Money-Update—-17-December-2021* *More: Pindula News* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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