Zimbabwe: New ZiG Currency Notes, Coins Hit the Market - RBZ Releases Smaller Denominations First

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Africa Notícia

The new Zimbabwe Gold (ZiG) currency circulation kicked off Tuesday as members of the public were able to withdraw the new notes and coins from banks across the country.

The new Zimbabwe Gold currency circulation kicked off Tuesday as members of the public were able to withdraw the new notes and coins from banks across the country.

"I hope traders across the formal and informal markets are going to accept the new currency smoothly and cease the practice of pegging rounded figures which had become the norm over the last two weeks," said one Tapiwa Ngwena in Harare CBD. By the close of business Tuesday, the impact of the new currency had not yet made an impact in what experts believe to be a normal trend on the first day of inception.

 

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