ZiG parallel market premium narrows

By Staff Writer

ZiG parallel market premium narrows

THE ZiG marked a notable appreciation on the parallel market in June 2025, resulting in the exchange rate premium narrowing by four percentage points to 28 percent against the official rate, latest data shows.According to the Confederation of Zimbabwe Industries (CZI), the development, if sustained, could bolster confidence in the local unit and curb arbitrage…

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