THE Reserve Bank of Zimbabwe (RBZ) says it is shifting from a tight to a prudent monetary policy stance to consolidate recent economic gains. The central bank governor, John Mushayavanhu, said a tight monetary policy stance served the country well in taming inflation and setting the economy on a course to sustained price stability. “Going…
RBZ shifts to prudent policy thrust
According to the Reserve Bank of Zimbabwe, export earnings dominated the basket of foreign currency receipts, averaging 59,7 percent.