🟡 Gold Rally Is Boosting Emerging Market Currencies

Record gold prices in 2025 are strengthening currencies in Ghana and Zimbabwe.

• 🇬🇭 Ghanaian cedi: +41% vs USD, first annual gain since the 1990s

• 📦 Higher gold exports & central bank purchases boosted FX reserves

• 🇿🇼 ZiG currency: backed by gold, remains relatively stable

📌 High gold prices are reshaping EM currencies — improving reserves and easing inflation pressure.

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