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Home » Freeze money supply: CZI tells RBZ

Freeze money supply: CZI tells RBZ

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TNDUSTRY says the Reserve Bank of Zimbabwe (RBZ) should freeze money supply to restore confidence in the local currency which has plunged in value since its introduction last year. Last month, RBZ governor John Mangudya reaffirmed a “monetary targeting framework”, which the bank is pursing in response to hyperinflation on the back of money supply…

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