Key Functions of the Reserve Bank
The chief mandate of the Reserve Bank of Zimbabwe (RBZ) as defined in Section 6 of the Reserve Bank Act [Chapter 22:15], is the maintenance of price stability, the formulation and execution of monetary policy and the fostering of a stable financial system.
Monetary Policy
The Reserve Bank of Zimbabwe manages money supply and sets interest rates to achieve stable inflation and economic growth.
Financial Stability
Ensures a stable financial system by monitoring and mitigating risks in banking and financial institutions.
Prudential Regulation
Sets standards for banks to ensure they operate safely and soundly, protecting depositors and the economy.
Financial Markets
Oversees a robust market environment, facilitating fair trading and transparency in financial transactions.
Exchange Control
The Bank regulates cross-border financial transactions to ensure compliance with regulations and safeguard financial integrity.
Payments & Settlements
The Reserve Bank oversees Zimbabwe’s National Payment System to ensure secure and reliable clearing and settlement.
Statistics
The Bank compiles and publishes key monetary, financial, and economic statistics to promote transparency.
Banknotes & Coins
Issues and manages Zimbabwe’s legal tender, ensuring currency security and maintaining public confidence.
In the News
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