RBZ credits tight money supply for rare economic stability
… vows to “stay the course” on restrictive policy as inflation slows, reserves swell
LIVINGSTONE MARUFU The Reserve Bank of Zimbabwe (RBZ) has hailed its tough monetary stance as the driving force behind the rare spell of economic stability, pledging to maintain liquidity restraints even as inflation cools and foreign currency reserves hit multi-year highs, Business Times can report. Governor John Mushayavanhu said the combination of “prudent money supply…
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