ZiG makes up 40 percent of national payments

RBZ governor John Mushayavanhu

THE local currency, ZiG, now accounts for nearly 40 percent of all national payment system transactions, marking a steady improvement in its acceptance by the market, latest figures from the Reserve Bank of Zimbabwe (RBZ) show. Zimbabwe operates a multi-currency system, which, however, largely remains tilted towards the US dollar. The latest data signals a…

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