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RBZ Reserve Money As Of 11 March 2022

2 years agoMon, 21 Mar 2022 08:45:26 GMT
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RBZ Reserve Money As Of 11 March 2022

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:

RESERVE MONEY

1. Reserve money increased by ZW$26.95 million to ZW$27.16 billion during the week ending 11th March 2022, compared to the previous week’s position of ZW$27.13 billion.

2. The increase in reserve money largely reflected an increase of ZW$72.99 million in currency issued, which was partially offset by declines of
ZW$38.10 million and ZW$7.94 million in banks liquidity (RTGS balances) at Central Bank and required reserves, respectively.

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