Money supply increases to $671,3 billion

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ZIMBABWE’S broad money supply, which consists of domestic and foreign currency deposits, rose to $671,4 billion in April from $589 billion, latest data from the Reserve Bank of Zimbabwe (RBZ) shows.
The central bank said the money stock was largely composed of local currency deposits at 54,47 percent and foreign currency deposits at 45,01 percent. Currency in circulation constituted 0,52 percent of total money supply.