Zimbabwe's foreign currency earnings rise to 16.2 bln USD in 2025


HARARE, Jan. 13 (Xinhua) -- Zimbabwe's foreign currency earnings rose to 16.2 billion U.S. dollars in 2025, up from 13.3 billion dollars in 2024, Reserve Bank of Zimbabwe Governor John Mushayavanhu said Tuesday.

In an update on the monetary and financial conditions, Mushayavanhu said export earnings dominated the basket of foreign currency receipts in 2025, averaging 59.7 percent of total foreign currency receipts, followed by loan proceeds at 14.8 percent and diaspora remittances at 13.5 percent.

"A significant growth in foreign currency receipts is expected in 2026 on account of the improvement in prices of key export minerals and growth in remittances," he said.

The update shows that the southern African country experienced price and exchange rate stability throughout the year, he said.

Mushayavanhu said the stability demonstrates the effectiveness of prudent monetary policy, anchored in optimal money supply management, consistent accumulation of foreign reserves to back the local Zimbabwean currency, as well as enhanced monetary and fiscal policy coordination.

"The sustained macroeconomic stability has resulted in the monetary policy regaining trust, confidence and credibility, marking a decisive break from the past," he added.

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