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HARARE – Zimbabwe’s foreign currency reserves have soared past US$600 million, marking a major turning point in the country’s ...
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the ...
According to the latest report released by the Reserve Bank of Zimbabwe (RBZ), by the end of March 2025, the country’s reserves had grown significantly from around US$270 million recorded at the end ...
Speculation over the future of President Emmerson Mnangagwa introduces a further element of uncertainty into an economy ...
When the Zimbabwe Gold (ZiG) currency was launched a year ago, few could have predicted the quiet revolution it would spark. In a nation that was once synonymous with hyperinflation and monetary chaos ...
LOCAL financial services firm, IH Securities, has projected an improvement in the liquidity situation on the back of a ...
THE Reserve Bank of Zimbabwe (RBZ)’s recent report on the Zimbabwe Gold (ZiG) currency has been optimistic, highlighting its success in maintaining... To access this post, you must purchase a ...
Spread This NewsBloomberg Gold and foreign currency reserves backing Zimbabwe’s bullion-linked unit have risen more than ...
The ZiG was more than a replacement for the Zimbabwe dollar set at a new value. It was the result of a prolonged campaign by ...
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Zig Stability Defies Odds
Zimbabwe has clocked a full year since adopting of the Zimbabwe Gold (ZiG) currency, which has achieved commendable stability evidenced by low inflation and exchange rate predictability, anchored by ...