Zimbabwe: RBZ Making Headway On Clearing Auction Backlog

8 December 2021

THE Reserve Bank of Zimbabwe (RBZ) has made progress in clearing the auction allotments backlog while monetary policy decisions instituted recently have helped to stabilise the exchange rate and prices, the Monetary Policy Committee (MPC) has said.

The central bank's MPC said this at a meeting held on 3 December 2021, which deliberated on macroeconomic and financial developments in the economy as well as the progress made in the implementation of the monetary policy measures announced on 28 October 2021.

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