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Zimbos  have higher confidence in  ZWG  – Research

Business Reporter

ZIMBABWEANS  now  have higher confidence in  the ZWG currency when compared to the period before its launch , the ZiG Perception and Confidence Survey II has revealed.

The Survey was commissioned by the Reserve Bank of Zimbabwe (RBZ) from August 29 to 31st December 2025, a period of 125 days as part of an effort to continually assess and refine monetary policy to assess public perceptions in ZWG and the level of confidence that the public has in the local currency in 2025 compared to the time of launch in 2024.

The survey established that the ZWG is now being kept for much longer periods as compared to the ZWG pre-launch period.

“The growing confidence in ZWG has resulted in economic agents keeping ZWG in bank accounts for longer periods .More than 30% of the respondents indicate that they now keep ZWG in their bank accounts for more than a month,” the survey said.

Regarding ZWG stability, 95,5% of the respondents perceived that there has been ZWG stability since January 2025.Of the respondents who perceive ZWG as stable , 21% indicated that stability was high ; 35,5% perceived stability as medium , while 39,2% reported that there is minimum stability.

Survey results show that 93,1% of the respondents have confidence in ZWG , with 13,5% having high level of confidence , 30,4% medium level of confidence and 49,2% having minimal confidence. The result show that public perception of ZWG has increased since the last survey.

This implies that the public is slowly warming up to the eventual transition to mono-currency.

“Public confidence in RBZ policies especially in the local currency and money supply management has also significantly improved, with results showing high confidence levels of 47,6% from lack of confidence and trust in the RBZ in April 2024,” the survey said.

The findings also show that economic agents are generally happy with the ease of access to foreign currency on the Willing Seller Willing Buyer (WSWB) Interbank foreign currency market, with about 96% indicating fast turnaround in foreign currency applications submitted to the banks.

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