Monetary Policy MP 2018

Introduction of 5% Statutory Reserve Requirement to mop up excess liquidity from 1 November 2018 MPS2018 October 1, 2018
In progress
Oct 2018

RBZ in statutory reserve requirements U-turn October 21, 2018

Eight years after the Reserve Bank of Zimbabwe abolished Statutory Reserve Requirements for banks in a move aimed at releasing more funds for lending by the financial sector and lowering interest rates, the Apex Bank is reviving the requirement. The move is expected to curb excess liquidity.