The Reserve Bank of Zimbabwe (RBZ)’s Monetary Policy Committee met recently and made the following resolutions.
In a press statement, RBZ governor John Mushayavanhu said the MPC resolved to maintain bank rate at 20 percent.
The committee also resolved to keep statutory reserve requirements for deposits, savings and time deposits in Zimbabwe Gold (ZiG) at 15 and 5 percent respectively.
Zwnews
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