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Home » Reserves on the rise
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Reserves on the rise

written by Almot Maqolo, Staff Writer 0 comments
Foreign currency reserves currently cover about 1,5 months of imports, reflecting a steady buildup since the launch of the ZiG currency in April 2024.
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THE Reserve Bank of Zimbabwe (RBZ) expects foreign currency reserves to reach about two months’ import cover by the end of 2026 as authorities continue to build external buffers. Foreign currency reserves currently cover about 1,5 months of imports, reflecting a steady buildup since the launch of the ZiG currency in April 2024. This comes…

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