{"id":25853,"date":"2020-07-30T21:04:12","date_gmt":"2020-07-30T19:04:12","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=25853"},"modified":"2020-07-30T21:04:12","modified_gmt":"2020-07-30T19:04:12","slug":"rbz-releases-reserve-money-update-as-at-24-july-2020","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/economy\/rbz-releases-reserve-money-update-as-at-24-july-2020","title":{"rendered":"RBZ Releases Reserve Money Update As At 24 July 2020"},"content":{"rendered":"

Africa Press-Nigeria:<\/p>\n

Reserve rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion as at 24 July 2020, the Bank of Zimbabwe (RBZ) has revealed.<\/p>\n

The central bank said this was largely on account of increased Government expenditures. The report reads:<\/p>\n

Reserve money rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion as at 24 July 2020, largely on account of increased Government expenditures, which saw Government surplus position moving from ZW$8.0 billion to ZW$6.3 billion as at the end of the review period.<\/p>\n

Foreign currency purchases from exporters by the Bank also increased reserve money during the week.<\/p>\n

During the week under review, required reserves and currency issued also rose. Partially offsetting the increase in reserve money was a decrease of ZW$0.74 billion in other deposits.<\/p>\n

\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Africa Press-Nigeria: Reserve rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion as at 24 July 2020, the Bank of Zimbabwe (RBZ) has revealed. The central bank said this was largely on account of increased Government expenditures. The report reads: Reserve money rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion […]<\/p>\n","protected":false},"author":84,"featured_media":1525,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[800,653],"class_list":{"0":"post-25853","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-government-of-zimbabwe","10":"tag-rbz"},"yoast_head":"\nRBZ Releases Reserve Money Update As At 24 July 2020 - zimbabwe<\/title>\n<meta name=\"description\" content=\"Africa Press-Nigeria:Reserve rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion as at 24 July 2020, the Bank of Zimbabwe (RBZ) has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/economy\/rbz-releases-reserve-money-update-as-at-24-july-2020\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBZ Releases Reserve Money Update As At 24 July 2020\" \/>\n<meta property=\"og:description\" content=\"Africa Press-Nigeria:Reserve rose from ZW$14.36 billion on 17 July 2020 to ZW$17.01 billion as at 24 July 2020, the Bank of Zimbabwe (RBZ) has\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/economy\/rbz-releases-reserve-money-update-as-at-24-july-2020\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-30T19:04:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/upload\/sites\/14\/2019\/01\/rbz.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/economy\/rbz-releases-reserve-money-update-as-at-24-july-2020\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/economy\/rbz-releases-reserve-money-update-as-at-24-july-2020\",\"name\":\"RBZ Releases Reserve Money Update As At 24 July 2020 - 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