<\/p>\n
THE Reserve Bank of Zimbabwe’s (RBZ) foreign currency reserves surged by 87% to reach US$550 million.<\/p>\n
At inception in April 2024, the Reserve Bank of Zimbabwe (RBZ) claimed that minerals and foreign currency reserves backing up the ZWG stood at US$285 million, way above the thresholds to defend the local currency from unforeseen uncertainties.<\/p>\n
The reserves consist of foreign currency and precious metals (mainly gold), from mining royalties, direct currency purchases from the interbank market and…<\/p>\n<\/div>\n
Read more on AllAfrica.com<\/a> THE Reserve Bank of Zimbabwe’s (RBZ) foreign currency reserves surged by 87% to reach US$550 million. At inception in April 2024, the Reserve Bank of Zimbabwe (RBZ) claimed that minerals and foreign currency reserves backing up the ZWG stood at US$285 million, way above the thresholds to defend the local currency from unforeseen uncertainties. The […]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[248],"tags":[258,256,5169,4644,8032,5118,257,11008,254,50597,421,7726],"class_list":["post-190863","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-africa","tag-africa-news","tag-foreign","tag-gold","tag-hit","tag-million","tag-news","tag-reserves","tag-south-africa-today","tag-u-s-550","tag-zimbabwe-news","tag-zimbabwes"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/190863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=190863"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/190863\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=190863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=190863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=190863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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South Africa Today Africa \u2013 Southern Africa Zimbabwe<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"