Update: RBZ reserve money as of the week ending 4 February 2022. The Reserve Bank of Zimbabwe (RBZ) has issued an update on Reserve money noting that it declined during the week ending 4 February 2022 compared to the previous weeks’ position. Pindula News presents an update by the RBZ:
RESERVE MONEY
1. Reserve money declined by ZW$1.03 billion to ZW$26.41 billion during the week ending 4th February 2022, compared to the previous week’s position of ZW$27.44 billion.
2. The fall in reserve money largely reflected declines of ZW$922.97 million and ZW$104.52 in required reserves and currency issued, respectively.
Banks’ liquidity (RTGS balances) at the Reserve Bank also registered a decline of ZW$2.12 million.
More: Pindula News
In other news – Madam Boss speaks on pimples after Anna Chihonde complain
Madam Boss speaks on pimples after Anna Chihonde complains. The comedian and socialite who is one of the best at the moment has aired her views on the pimples issue, which was raised by fellow comedian Ann chibabe Honde.