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newzimbabwe - 13 days ago

RBZ governor says still early days to reduce 35% interest rate

THE Reserve Bank of Zimbabwe (RBZ) has defended its position of maintaining the Bank Policy Rate at 35% arguing that it is still early days to shift it downwards. A bank policy rate or key interest rate is the benchmark interest rate set by a central bank to implement its monetary policy and influence the [ ] The post RBZ governor says still early days to reduce 35% interest rate appeared first on NewZimbabwe.com.


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