RBZ prioritises domestic savings

THE Reserve Bank of Zimbabwe (RBZ) says it will support domestic savings in local currency, through instruments that compensate depositors for potential exchange rate depreciation next year. According to the central bank, most banks hold large transitory deposit accounts with little left for savings, as most depositors prefer to hold foreign currency as a store…

Subscribe to read full article. Subscribe today

Related posts

Economy navigates poly crisis forecasts

New bank notes coming next week

Econet InfraCo lifts VFEX market cap

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