ZiG is undervalued: RBZ

Zimbabwe operates a multi-currency system dominated by the US dollar, alongside the ZiG, which was introduced in April 2024.

THE local currency, the ZiG, is trading at almost half its implied value, a disparity that Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu says reflects a lingering “confidence gap” the central bank has been working to close over the past two years. Zimbabwe operates a multi-currency system dominated by the US dollar, alongside the…

Subscribe to read full article. Subscribe today

Related posts

Zimbabwe moves closer to a ZiG economy. . . amid relative prices and exchange rate stability in the country

Analysts question the ‘ROI’ on perks

Top Companies awards set for next month

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More