The Reserve Bank of Zimbabwe (RBZ) has maintained its Monetary Policy Rate (MPR) at 35%, even as the country’s newly introduced currency, Zimbabwe Gold (ZiG), continues to depreciate.
This decision reinforces the central bank’s tighter monetary policy stance for 2025, which it views as crucial for controlling inflation and bolstering the value the nation’s currency.
ZiG, Zimbabwe’s sixth attempt at a stable currency, has lost more than 43% of its value since its launch in April 2024.