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Reserve Bank of Zimbabwe : Money Update as at 14 January 2022

01/22/2022 | 01:24am EDT

UPDATE ON RESERVE MONEY

AS AT 14TH JANUARY 2022

RESERVE MONEY

  1. Reserve money increased by ZW$1.06 billion to ZW$27.18 billion during the week ending 14th January 2022, compared to the previous week's position of ZW$26.12 billion.
  2. The growth in reserve money largely reflected an increase of ZW$1.11 billion and ZW$71.93 million in required reserves and currency issued, respectively.
  3. Partially offsetting this increase was a decline of ZW$118.75 million in banks' liquidity (RTGS balances) at the Central Bank.
    Table 1: Reserve Money Developments (ZW$ Billions)

PRELIMINARY ESTIMATES

Week

Week

Week

May-21

Jun-21

Jul-21

Aug -21

Sep -21

Oct -21

Nov -21

Ending

Ending

Ending

31 Dec -21*

07 Jan-22

14 Jan-22

Currency

Issued by

3.65

3.90

4.51

4.75

4.77

4.81

4.91

5.15

5.14

5.21

RBZ

Banking

Sector

22.57

20.95

20.43

23.74

21.47

19.54

23.28

20.79

20.98

21.97

Deposits at

RBZ

Statutory

6.66

7.27

7.86

8.22

9.26

9.54

18.71

(Required)

19.78

19.98

21.09

Reserves

Banks'

RTGS

15.91

13.68

12.57

15.53

12.22

10.00

4.57

1.01

1.00

0.88

Liquidity

Other

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

Deposits

Reserve

26.22

24.84

24.94

28.50

22.24

24.36

28.19

25.94

26.12

27.18

Money

Currency

Issued/

Reserve

13.92

15.68

18.09

16.67

18.18

19.76

17.40

19.86

19.67

19.16

Money Ratio

(%)

2

PRELIMINARY ESTIMATES

Week

Week

Week

May-21

Jun-21

Jul-21

Aug -21

Sep -21

Oct -21

Nov -21

Ending

Ending

Ending

31 Dec -21*

07 Jan-22

14 Jan-22

Currency in

Circulation

1.1

1.4

1.4

1.5

1.5

1.2

1.1

1.2

1.3

1.3

/Deposits

Ratio (%)

Monthly

Change in

16.62

-14.00

-8.12

23.52

-21.31

-18.14

-54.30

-66.33

-0.99

-11.87

RTGS

Balances (%)

Monthly

Change in

15.89

-5.23

0.40

14.23

-7.90

-7.19

15.72

-8.17

0.66

4.07

Reserve

Money (%)

Government

Deposits at

7.11

12.12

9.56

10.68

13.84

13.49

16.06

10.80

18.05

26.77

RBZ (Stock)

Monthly

Inflation (%)

2.54

3.88

2.56

4.19

4.73

6.40

5.76

5.76

n/a

n/a

- ZW$ CPI

Monthly

Inflation (%)

1.80

4.49

0.67

1.32

1.94

2.62

2.13

2.06

n/a

n/a

- Blended

Inter-Bank

84.73

85.42

85.64

86.06

87.67

97.14

105.67

Exchange

108.67

108.67

108.67

Rate

*Provisional until audit is finalized.

3

Disclaimer

Reserve Bank of Zimbabwe published this content on 22 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 January 2022 06:23:04 UTC.


© Publicnow 2022
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