Monetary Policy Statements

July 2012 Monetary Policy

These adverse global developments have combined with, tight domestic liquidity conditions, limited access to offshore  lines of credit, frequent power outages and a huge debt overhang to take steam off the recovery momentum gained since the  adoption of multiple currencies in 2009.

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January 2012 Monetary Policy

Zimbabwe remains susceptible to the vagaries of the adverse external macroeconomic environment, particularly within the  aegis of the multiple currency system which is  typified by limited macroeconomic policy instruments. In essence, lack of  potent policy instruments to absorb both domestic and external shocks relegates Zimbabwean policy makers to mere observers and pray that global developments remain favourable.

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July 2010 Monetary Policy

Albeit showing worrying signs of resurgence, Zimbabwe’s inflation has now trended in low regions of under 7%, that allow for the convergence of the economy’s macroeconomic performance indicators towards sustainable steady-state growt the convergence of the economy’s macroeconomic performance indicators towards sustainable steady-state growth levels.

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