JANUARY 2018 MONETARY POLICY STATEMENT …

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JANUARY 2018 MONETARY POLICY STATEMENT ENHANCING FINANCIAL STABILITY TO PROMOTE BUSINESS CONFIDENCE RESERVE BANK OF ZIMBABWE BY DR. J P. MANGUDYA GOVERNOR 2 CONTENTS SECTION 1 ........................................ ........................................ ........................................ ..... 4 INTRODUCTION AND EXECUTIVE SUMMARY ........................................ .................. 4 SECTION 2 ........................................ ........................................ ........................................ ...... 7 EVALUATION OF 2017 MONETARY POLICY INTEVENTIONS.

5 This, notwithstanding, the country’s high import dependency continues to exert pressure on foreign exchange earnings, thus fueling parallel market activities for foreign …

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