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Home » Foreign reserves surge to US$731 million
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Foreign reserves surge to US$731 million

written by Adelaide Moyo, Group Managing Editor 0 comments
The latest figures represent a notable increase from US$630 million recorded in March 2025, demonstrating a continued positive trajectory in the country’s reserve position.
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BULLION and foreign currency reserves backing the ZiG surged to US$731 million at the end of June, nearly threefold the US$276 million held when the domestic unit was introduced in April last year. The build-up, confirmed by the Reserve Bank of Zimbabwe (RBZ), is deemed critical for the lasting stability of the country’s currency, the…

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Adelaide Moyo is a business and financial journalist based in Zimbabwe. With a keen eye for detail and a deep understanding of market complexities, Adelaide consistently breaks down complex financial concepts and business trends into accessible, compelling narratives for a diverse readership. She specialises in areas such as macroeconomics, corporate finance, investment, and the critical issues impacting Zimbabwe's economy, including currency volatility, the informal sector, climate change, and illicit trade. Adelaide is a recipient of national awards for her reporting in different sectors of the economy. She is also a member of the Oxford Climate Journalism Network.

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