RBZ to ramp up open market operations

AdvertisementsTHE Reserve Bank of Zimbabwe (RBZ) says it is increasing open market operations (OMO) to deal with resurgent inflationary pressures. The country’s annual inflation increased to 52 percent in September from 50 percent in August — the first up-tick in eight months — after the ZWL devalued considerably on the parallel market, amid disbursement delays…

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