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Home » ZiG parallel market premium narrows
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ZiG parallel market premium narrows

written by Adelaide Moyo, Group Managing Editor 0 comments
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THE ZiG marked a notable appreciation on the parallel market in June 2025, resulting in the exchange rate premium narrowing by four percentage points to 28 percent against the official rate, latest data shows.According to the Confederation of Zimbabwe Industries (CZI), the development, if sustained, could bolster confidence in the local unit and curb arbitrage…

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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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