Monthly Statistical Release Highlights (May / June 2021)
Gross Official Reserves increased by 16.1 per cent month-on- month and 20.4 per cent year-on-year to close at E8.2 billion at the end of June 2021.
Credit extended to the private sector stood at E15.7 billion at the end of May 2021, depicting an increase of 2.5 per cent month-on-month and 11.0 per cent year-on-year.
Broad Money Supply (M2) amounted to E20.3 billion in May 2021, reflecting a decline of 3.2 per cent month-on-month and growth of 11.0 per cent year-on-year.
Domestic Liquid Assets reached E6.9 billion in May 2021, decreasing by 19.3 per cent month-on-month and rose by 7.7 per cent year-on-year.
The discount rate stood at 3.75 per cent in June 2021.
The prime lending rate stood at 7.25 per cent in June 2021.