The ZiG has experienced its inaugural depreciation in the formal forex market since its inception, as per the data reported by the Central Bank. On a week-over-week basis, the ZiG was quoted at 13.581

The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra

The Reserve Bank of Zimbabwe’ s Monetary Policy Committee held on  the 15th June 2026, has resolved to reduce the Bank Policy Rate from 35% to 30% per annum with immediate effect, simultaneously reduc

Zimbabwe’s Apex Bank,  Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an

The RBZ mid-rate closed the review period at ZiG26.5673/USD on 14 August 2026, appreciating marginally from ZiG26.59/USD on 13 August and by approximately 0.20% from ZiG26.62/USD a week earlier. Again

* Foreign reserves reached US$1.7 billion by end-July, covering 1.7 months of imports. * First-half foreign-currency receipts increased 47.8% to US$10.72 billion. * Two months of cover remains below t

Zimbabwe’s inflation environment is entering a different phase, with the latest data showing price pressures becoming concentrated in essential costs rather than broad-based increases across the econo

The Reserve Bank of Zimbabwe’s Monetary Policy Committee has cut the Bank policy rate from 30% to 27.5% on 28 September 2026, reduced the Targeted Finance Facility rate from 15% to 12.5% and retained

Zimbabwe’s unmet demand for foreign currency has fallen by almost three quarters from its March 2026 peak as stronger export receipts, rising reserves and central bank intervention expand the amount o

Zimbabwe has built a substantially larger reserve cushion behind the ZiG, with reserve assets backing the local currency reaching nearly ZiG48.9 billion by September 2026 against reserve money of abou

The Reserve Bank of Zimbabwe says it has remained within all three monetary quantitative targets under the IMF Staff Monitored Programme at the end of September 2026, combining faster reserve accumula