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Home » RBZ to maintain tight money supply control

RBZ to maintain tight money supply control

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THE Reserve Bank of Zimbabwe (RBZ) says it will maintain a quarterly reserve money growth target of 20 percent to consolidate the stability seen in the economy over the past 12 months.

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Reserve money is a metric that tracks money supply in an economy, in particular, the portion that would be affected by money printing.
Since 2008, Zimbabwe has gone through two episodes of hyperinflation and in both instances, uncontrolled money supply growth has been pinpointed by the central bank as the cause.

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