Foreign reserves surge to US$731 million

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.

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.Advertisements 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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