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Africa, News

Zimbabwe central bank says keeps policy rate at 40%

JOHANNESBURG, May 4 (Reuters) – Zimbabwe’s central bank said on Tuesday that its monetary policy committee (MPC) had decided to keep its policy rate at 40%.

“The MPC reaffirmed its strong commitment to continue with the conservative monetary policy stance,” the bank said in a Twitter post. (Writing by Alexander Winning; Editing by Alison Williams)

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