Monetary Policy Statements

Official statements outlining the monetary policy stance, decisions, and measures aimed at maintaining price stability and safeguarding financial system stability.

Reserve bank of zimbabwe

Guiding monetary policy for price and financial stability

The Reserve Bank of Zimbabwe formulates and implements prudent, evidence-based monetary policies aimed at maintaining low and stable inflation, preserving the value of the local currency, and supporting sustainable economic growth. These policies are informed by economic analysis, market developments, and the need to safeguard financial system stability.

Since the introduction of the ZiG currency, the Reserve Bank has been operating under a hybrid monetary policy framework, with reserve money as the operational target and the exchange rate as the intermediate target and nominal anchor. This has been critical in supporting price and currency stability. Consistent with the Reserve Bank’s Strategy Plan (2026-2030), the strategic thrust over the next five years is to transition towards an inflation targeting regime in line with the NDS2 and SADC CCBG Monetary Policy Harmonization Roadmap.

Monetary Policy Statement Glance

Monetary Policy Statements

May 20, 2026

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