Zimbabwe to maintain tight monetary stance during the next six months to December

Zimbabwe to maintain tight monetary stance during the next six months to December

Zimbabwe’s central bank says it will maintain the current tight monetary policy stance during the six months to December and hopes that inflation will slow down to 60 to 70%.

It is expecting the economy to grow by 5.3% and month-on-month inflation to average 3%.

The central bank released its mid-term monetary policy statement today. 

Here are the highlights:

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