RBZ says foreign currency reserves now cover 1.7 months of imports

Zimbabwe’s foreign currency reserves climbed to US$1.7 billion at the end of July, up from US$1.6 billion in June. That is enough to cover 1.7 months of imports, according to official figures. The Reserve Bank of Zimbabwe said the rise was driven by stronger foreign currency inflows and royalties from minerals. In its 2026 mid-term […]