Analysts have expressed surprise at the move.
We wait to here the new package that the RBZ has to stem the economic decline characterised by hyperinflation now at 165 000%.
Meanwhile, the money market opened $52 trillion up and was forecast to close $880trn up due to civil servant salary inflows.
The Reserve Bank of Zimbabwe was on the market Monday but no bids were received for its 365-day paper due to outflows created by statutory reserve adjustments.
Post published in: News