Economy starved of ZiG currency as RBZ implements strategy to phase out the US$: Here’s what will happen to your USD bank accounts
Zimbabwe’s plan to move towards using the Zimbabwe Gold (ZiG) as its sole currency is advancing on paper, but economists say the local unit remains difficult to find in parts of the country and is rarely used for ordinary purchases outside some urban areas. The Reserve Bank of Zimbabwe (RBZ), however, says ZiG’s share of […] The post Economy starved of ZiG currency as RBZ implements strategy to phase out the US$: Here’s what will happen to your USD bank accounts first appeared on My Zimbabwe New
Zimbabwe’s plan to move towards using the Zimbabwe Gold (ZiG) as its sole currency is advancing on paper, but economists say the local unit remains difficult to find in parts of the country and is rarely used for ordinary purchases outside some urban areas. The Reserve Bank of Zimbabwe (RBZ), however, says ZiG’s share of […]
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Economy starved of ZiG currency as RBZ implements strategy to phase out the US$: Here’s what will happen to your USD bank accounts
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About this article
- Length
- 88 words · 1 min read
- Published
- October 18, 2026
- Byline
- Cynthia Goba
- Source
- My Zimbabwe News