Advertisements
Home » RBZ holds policy rate at 60 percent

RBZ holds policy rate at 60 percent

0 comments

THE Reserve Bank of Zimbabwe (RBZ) has maintained policy and overnight accommodation rates at 60 percent and 40 percent, respectively, saying this will help contain inflationary pressures and tie down money supply growth. The apex bank recently raised the policy rate from 40 percent in response to resurgent inflationary pressures. The policy rate is what…

Subscribe to read full article. Subscribe today
Advertisements

Related Posts

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

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