RBZ will not yield to rate-cut pressure
…says apex bank Governor
LIVINGSTONE MARUFU The Reserve Bank of Zimbabwe (RBZ) has resisted mounting pressure from business leaders and economists to cut lending rates, with governor Dr John Mushayavanhu warning that external risks, including the ongoing Middle East crisis and the looming El Niño threat, could derail recent macroeconomic stability, Business Times can report. Dr Mushayavanhu said the…
