Interest rate cut a ‘stimulus’ for economy

AdvertisementsTHE Reserve Bank of Zimbabwe’s (RBZ) recent interest rate cut could stimulate economic activity by increasing loan demand, financial and banking industry players say. Advertisements This development follows the recalibration of the bank policy rate from 130 percent per annum to 20 percent per annum, aligning with the new monetary policy framework. RBZ Governor, John…

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