Home » Statutory reserves keep money supply on ice

Statutory reserves keep money supply on ice

0 comments

THE Reserve Bank of Zimbabwe (RBZ) says by restricting resources available for credit growth, statutory reserve requirements continue to play a significant role in its tight monetary policy stance, which is meant to curb inflation. Central banks around the world use these reserves as an instrument to manage liquidity. A specific percentage of the qualifying…

Subscribe to read full article. Subscribe today

Related Posts

Advertisements
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