RBZ Reserve Money Update As Of 25 February 2022
2 years agoTue, 08 Mar 2022 09:33:05 GMT
The Reserve Bank of Zimbabwe (RBZ) has revealed the reserve money supply as of 25 February 2022. The central bank said in a statement:
Reserve money went up by ZW$957.06 million to ZW$27.21 billion during the week ending 25th February 2022, compared to the previous week’s position of ZW$26.25 billion.
The increase in reserve money largely reflected an increase of ZW$707.10 million in required reserves.
FeedbackCurrency issued and banks’ liquidity (RTGS balances) at the Reserve Bank also rose by ZW$123.59 million and ZW$63.37 million, respectively.
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