Mangudya to present mid-term monetary policy review today

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya will present his Mid-Term Monetary Policy Review today amid expectations his measures are set to complement measures announced by fiscal authorities last week.

The review comes on the back of stability in the financial sector after RBZ met its June 30 deadline to rid the sector of troubled banks. Troubled Tetrad Investment Bank has been quarantined and is now under the provisional judicial management of the Deposit Protection Corporation.

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