Harare – The Reserve Bank of Zimbabwe (RBZ) is pressing ahead with its ambitious plan to make the Zimbabwe Gold (ZiG) the country’s only legal...
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Maroc - THEZIMBABWEMAIL.COM - A la Une - 17/Nov 19:33
Boost for ZiG as reserves near US$1bn
The Reserve Bank of Zimbabwe (RBZ) says reserves backing the Zimbabwe Gold (ZiG) currency have risen by nearly 9% to US$980 million, as the central bank moves to create the buffer required for a future monocurrency regime. Reserves stood at US$900 million in September, with approximately ZiG18 billion currently circulating in the formal economy. According […]
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