Categories: Zim Latest

RBZ MPC resolve to maintain current bank rate

The Reserve Bank of Zimbabwe RBZ)’s Monetary Policy Committee (MPC) has noted with satisfaction the country’s economic performance notwithstanding the expected global slowdown.

The Committee said as a result there is continued need to maintain the tight fiscal policy and enhanced discipline through the Financial Intelligence Unit.

In a statement, RBZ governor John Mangudya said the Committee also resolved to liberalize the foreign exchange market to enhance the operation of willing buyer willing seller.

Zwnews

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