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Update On RBZ Reserve Money As Of The Week Ending 18 February 2022

The Reserve Bank of Zimbabwe (RBZ) has announced that Reserve money declined by ZW$509.96 million to ZW$26.25 billion during the week ending 18th February 2022, compared to the previous week (11 February 2022)’s position of ZW$26.76 billion. Pindula News presents an update issued by the central bank:

RESERVE MONEY

1. Reserve money declined by ZW$509.96 million to ZW$26.25 billion during the week ending 18th February 2022, compared to the previous week’s position of ZW$26.76 billion.

2. The decrease in reserve money largely reflected declines of ZW$537.07 million and ZW$65.06 million in required reserves and banks’ liquidity (RTGS balances) at the Reserve Bank, respectively. Partially offsetting the decrease in reserve money was an increase of ZW$92.16 million in the currency issued.

Download Reserve-Money-Update—-18-February-2022

More: Pindula News

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