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Tag: 2024 Monetary Policy Statement

Posted inNews

Half ZiG and coins to start circulating on April 30

by Lulu Brenda Harris 6th April 20246th April 2024

Explainer: What is ZiG? The Reserve Bank of Zimbabwe (RBZ) in the 2024 Monetary Policy Statement introduced a new “structured currency” termed ZiG (Zimbabwe Gold) on April 5.  A “structured currency” is a currency that is pegged to a specific exchange rate or currency basket and ZiG shall always be anchored and fully backed by […]

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