Advertisements
Home » RBZ issues ZiG500 million bill to stabilise currency

RBZ issues ZiG500 million bill to stabilise currency

0 comments

THE Reserve Bank of Zimbabwe (RBZ) has issued a 90-day open-market ZiG500 million instrument to manage liquidity and stabilise the local currency. The ZiG Denominated Term Deposit Facility Bill (ZiGDTDF) is a modern liquidity sterilisation tool introduced under the 2026 Monetary Policy Statement. In a notice, the RBZ said it aimed to “enhance reserve money…

Subscribe to read full article. Subscribe today
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