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Home » ZiG premium to drop below 20 percent
National Report

ZiG premium to drop below 20 percent

written by Adelaide Moyo, Group Managing Editor 0 comments
The RBZ said it has injected US$1,6 billion into the foreign exchange market since April 2024
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ZIMBABWE’s parallel market exchange rate premium remained within a 20 percent margin during the first quarter of 2026 and is expected to further narrow the gap, marking a milestone in the stabilisation of the ZiG. According to the Reserve Bank of Zimbabwe (RBZ), the official exchange rate averaged ZiG25,59 per US dollar throughout the quarter.…

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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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