Money supply reaches $3,59 trillion

ZIMBABWE’S broad money increased by 12,62 percent to $3,59 trillion in April 2023, compared to $3,19 trillion recorded in March, the latest figures from the Reserve Bank of Zimbabwe (RBZ) show. This comes as a number of analysts have blamed money supply growth for the Zimdollar’s spectacular depreciation against major currencies, which has been witnessed…

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