Zimbabwe: RBZ Moves to Ease ZIG Cash Concerns, Assures Public of Ample Supply

Zimbabwe: RBZ Moves to Ease ZIG Cash Concerns, Assures Public of Ample Supply

The Reserve Bank of Zimbabwe (RBZ) has moved to allay growing public concern over the availability of physical ZiG currency especially outside the capital saying the local currency is gaining significant traction across the economy.

Zimbabwe central bank says there is enough ZiG to meet current and future demand

Zimbabwe’s central bank says there is enough ZiG, the country’s local currency, to meet current and future demand. In a statement yesterday to allay concerns about the availability of the local currency, the central bank says usage of the ZiG, which stands for Zimbabwe Gold, has improved significantly since its launch in April last year.