Zimbabwe maintains policy rate to ensure economic stability


HARARE, June 17 (Xinhua) -- Zimbabwean monetary authorities have decided to maintain the bank policy rate at 35 percent to ensure economic stability amid global trade tensions, Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu said on Tuesday.

In a statement released following a meeting of the RBZ Monetary Policy Committee (MPC) held on Monday, Mushayavanhu said the central bank's tight monetary policy stance has resulted in sustained stability in the exchange rate and inflation during the second quarter of 2025.

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