RBZ Reports US1.2 Billion Forex Reserves as Economy Shows Stability

14 January 2026

Nokusa Masuku

Zimbabwe’s foreign currency reserves have reached US1.2 billion, according to the Reserve Bank of Zimbabwe’s (RBZ) 2025 end-of-year report, signaling growing confidence in the country’s economic stability.

The RBZ’s Quarterly Report shows that monetary policy in 2025 achieved key goals that comprise inflation control, exchange rate stability, and increased use of the ZiG currency.

Annual ZiG inflation fell to 15%, well below the 30% target. Exchange rates remained stable, with the interbank rate at ZiG 26 per US$1 and the parallel market premium stayed under 20% for most of 2025.

ZiG usage grew, now making up 30–40% of national payment transactions.

Foreign reserves now back ZiG reserve money six times over, covering 1.5 months of imports. The central bank did not lend to government in 2025, reflecting fiscal discipline.

The RBZ also reported US$16.2 billion in forex receipts and a projected current account surplus of over US$1 billion.

These gains have laid the foundation for a possible mono-currency system, though the RBZ stresses that continued policy discipline and reserve growth are key for 2026.

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