HALF OF BANK DEPOSITS IN THE HANDS OF 200 CORPORATES
THE Reserve Bank of Zimbabwe (RBZ) says it will use various
open market operation tools to deal with uneven distribution of money in the
economy amid indications 50 percent of total bank deposits are concentrated in
the hands of only 200 corporates.
…
THE Reserve Bank of Zimbabwe (RBZ) says it will use various
open market operation tools to deal with uneven distribution of money in the
economy amid indications 50 percent of total bank deposits are concentrated in
the hands of only 200 corporates.
Critically, the central bank said doing so was important to
counter potential hazards such as speculative currency trading, which have
potential