RBZ bonds mop-up $14bln

THE Reserve Bank of Zimbabwe (RBZ) mopped up $14,1 billion of excess liquidity through open market operations (OMO) between October and December last year, which it says aided containment of money supply below set targets. Reserve money — the fundamental component of money supply — closed 2020 at $18,76 billion, compared to a target of…

Subscribe to read full article. Subscribe today

Related posts

‘Review air travel taxes’

216 illegal LPG traders nabbed

Debt costs cloud Africa’s growth outlook: WB

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More