According to a statement by the central bank’s monetary policy committee, the central bank will take all action to firmly anchor inflation and exchange rate expectations.
The MPC, which met on Tuesday, noted that monetary and financial conditions were conducive to sustain the prevailing stability given the robust economic growth of 5.3% expected in 2023, high foreign currency inflows relative to external payments and fiscal sustainability.
Inflation has dropped from a peak of 175.8% in June to 18.4% this month.
(94 VIEWS)
This post was last modified on September 29, 2023 8:40 am
My first long-form article in booklet form: Why I had a girlfriend two months after…
The editor and publisher of The Insider, Charles Rukuni, has started a whatsapp channel through…
A friend who knows about my legal battle with Zimbabwe’s richest man, Strive Masiyiwa, way…
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
