ZIMBABWE’S broad money supply declined by $2 billion to $329 billion in August, latest statistics from the Reserve Bank of Zimbabwe (RBZ) show.
This comes as the central bank has been pushing a monetary targeting framework to keep a lid on money supply growth, which it has specifically blamed for Zimbabwe’s two episodes of hyperinflation since 2008.
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Reserve Bank of Zimbabwe, governor John Mangudya and Finance Minister Mthuli Ncube
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