HomeBusiness

RBZ: Reserve Money Update As At 19 November 2021

2 years agoSun, 28 Nov 2021 14:17:42 GMT
Share on FacebookShare on TwitterShare on LinkedIn
RBZ: Reserve Money Update As At 19 November 2021

The Reserve Bank of Zimbabwe (RBZ) has said reserve money declined by ZW$272.36 million to ZW$27.98 billion, compared to the previous week’s position of ZW$28.26 billion. Pindula News presents the central bank’s update:

RESERVE MONEY

1. Reserve money for the week ending 19th November 2021 declined by ZW$272.36 million to ZW$27.98 billion, compared to the previous week’s position of ZW$28.26 billion.

2. This decline in reserve money was largely reflected by a decrease of ZW$684.27 million in banks’ liquidity (RTGS balances) at the Reserve Bank. Government deposits at the RBZ rose by ZW$17.13 billion during the week under review, thus contributing to the withdrawal of liquidity from the market.

3. Partially offsetting the decline in reserve money were increases of ZW$223.96 million and ZW$187.95 million in required reserves and currency issued, respectively.

Buy Samsung, itel, Redmi smartphones in Zimbabwe

WhatsApp: +263715068543

  1. RBZ: Reserve Money Update As At 12 November 2021
  2. RBZ: Reserve Money Update As At 5 November 2021
  3. Reserves Update 29/10/2021: RBZ Reserve Money In Sharp Decline
  4. Reserve Money At The RBZ As Of 22 October 2021
  5. Reserve Money At The RBZ As Of 15 October 2021
  6. Reserve Money At The RBZ As Of 08 October 2021
  7. Reserve Money At The RBZ As Of 10 September 2021

Download: Reserve-Money-Update—-19-November-2021

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback