Tight monetary policy:  RBZ schemes cushion

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THE Reserve Bank of Zimbabwe (RBZ) has unveiled a new Targeted Financial Facility (TFF) aimed at helping businesses navigate the challenges posed by its stringent monetary policies.

The central bank has been implementing tighter monetary measures to curb inflation. These measures are designed to reduce excess liquidity in the market and curb speculative activity in the foreign exchange market.

However, this approach has caused a severe cash shortage, hampering business operations across the country.

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