04-07-2025
Gold-Backed ZiG Climbs Most This Year as Zimbabwe Reserves Surge
Zimbabwe's gold-backed ZiG posted its best single-day gain against the dollar this year, boosted by surging bullion output and improved foreign currency reserves.
The currency strengthened 0.2% on Friday to trade at 26.89 against the dollar, according to data posted on the central bank's website. That is only its 12th day of appreciation against the US currency this year.
