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Zimbabwe cuts world's highest interest rate as inflation eases

The monetary policy committee lowered the rate to 150% from 200%, Reserve Bank of Zimbabwe Governor John Mangudya said. ....

John Mangudya , Collins Chibafa , Reserve Bank , Zimbabwe Governor John Mangudya ,

Zimbabwe cuts policy rate to 150% as inflation falls

HARARE (Bloomberg) Zimbabwe’s central bank cut its benchmark interest rate for the first time since becoming the world’s most aggressive monetary authority in June on expectations that a downward trend in inflation will continue. The monetary policy committee lowered the rate to 150% from 200%, Reserve Bank of Zimbabwe Governor John Mangudya said in… ....

Mashonaland East , John Mangudya , Mangudya John , Collins Chibafa , Reserve Bank , Zimbabwe Governor John Mangudya ,