RBZ Reserve Money As Of 4 March 2022
2 years agoMon, 14 Mar 2022 10:02:21 GMT
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The Reserve Bank of Zimbabwe (RBZ) has revealed the reserve money supply as of the 4th of March 2022. The central bank said in a statement:
1. Reserve money declined by ZW$79.73 million to ZW$27.13 billion during the week ending 4th March 2022, compared to the previous week’s position of ZW$27.21 billion.
2. The decline in reserve money largely reflected a decrease in required reserves of ZW$180.52 million, which was partially offset by increases of ZW$53.65 million and ZW$47.14 million in currency issued and banks’ liquidity (RTGS balances) at the Reserve Bank, respectively.
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