Reserve money increase to $29,2 billion

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Reserve money increased to $29,2 billion

RESERVE money increased by $70.70 million to $29.23 billion during the week ending  April 29 2022, compared to the previous week’s position of $29,16 billion the Reserve Bank of Zimbabwe (RBZ) has said

In their latest Reserve money update, RBZ said the increase in reserve money largely reflected increases of $111.30 million and $25.81 million in required reserves and currency issued, respectively, which were partially offset by a decline of ZW$66.41 million in banks’ liquidity at Central Bank (RTGS balances).

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