RBZ issues ZiG500 million bill to stabilise currency

The Reserve Bank of Zimbabwe

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…

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