Advertisements
Home » ‘Elections to prolong tight monetary stance’

‘Elections to prolong tight monetary stance’

0 comments

A HIGHER political risk could push Harare to keep monetary conditions tighter for longer to shore up the currency and prevent inflation from rising again, research firm Fitch Solutions (Fitch) has said. Authorities have tightened screws on money supply through higher interests, now pegged at 140 percent, and restricted cash circulation while keeping withdrawal limits…

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