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Home » RBZ bonds mop-up $14bln
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RBZ bonds mop-up $14bln

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THE Reserve Bank of Zimbabwe (RBZ) mopped up $14,1 billion of excess liquidity through open market operations (OMO) between October and December last year, which it says aided containment of money supply below set targets. Reserve money — the fundamental component of money supply — closed 2020 at $18,76 billion, compared to a target of…

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