‘Zimbabwe’s forex reserves still vulnerable’

Total forex receipts came to US$10,72 billion for the first half of 2026, against US$6 billion over the same period last year, a jump of 47,8 percent.

ZIMBABWE’s foreign currency reserves are projected to improve, driven by ongoing economic reforms that are boosting export revenues and increased investor confidence in the ZiG currency, Afreximbank has said.However, the pan-African multilateral trade finance institution cautioned that the reserves accumulation remains fragile.According to the Reserve Bank of Zimbabwe (RBZ), foreign currency reserves backing the Zimbabwe…

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