Zimbabwe boosts gold reserves to 3.4 metric tons to support ZiG currency


By Gretina
  • World
  • Friday, 20 Jun 2025

HARARE, June 19 (Xinhua) -- Zimbabwe is steadily building its gold reserves to support the Zimbabwe Gold (ZiG) currency introduced in April last year, with reserves now standing at 3.4 metric tons, the Presidential Communications Department said Thursday.

In a post on X, the department said President Emmerson Mnangagwa toured the gold vaults of the Reserve Bank of Zimbabwe (RBZ) on Thursday. The RBZ plans to increase national gold reserves to 5 metric tons by the end of this year.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Asia-Pacific rides AI boom to unlock tech-empowered growth, cooperation momentum in 2025
Spanish family of four missing after boat sinks off Indonesia
Army chief says Switzerland can't defend itself from full-scale attack
Explainer-What lies ahead for Ukraine's contested Zaporizhzhia nuclear power plant?
Russian drones, missiles pound Ukraine ahead of Zelenskiy-Trump meeting
Two Polish airports reopen after temporary closure due to Russian strikes on Ukraine
U.S.-backed airstrikes in Nigeria hit two ISIS-linked camps, government says
At least 7 killed in Vietnam after bus overturns
Yemen's Saudi-led coalition warns STC against moves in Hadramout
Myanmar goes to the polls amid civil war and humanitarian crisis

Others Also Read