Reserve Bank of Zimbabwe
The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe, responsible for formulating and implementing the country's monetary policy. Established in 1956, it aims to maintain price stability and ensure a stable financial system. The RBZ also manages the issuance of the national currency and oversees banking regulations.
In addition to its monetary functions, the RBZ plays a crucial role in managing foreign exchange reserves and facilitating international trade. It works to promote economic growth and stability, addressing challenges such as inflation and currency fluctuations that have affected the Zimbabwean economy in recent years.