Monetary policy statement highlights of the new Zimbabwe Currency, the Gold backed ZIG FROM TELEGRAM CHAT, 12 APRIL

 Thurs. 11 April Monetary policy statement highlights of the new Zimbabwe Currency, the Gold backed ZIG. …US Debt Clock on Telegram Thurs. 11 April

• Structured currency to be backed by reserves and royalties
• ZWL dollar currencies are to be converted to ZIG
• ZIG to circulate alongside other currencies.
• A multi-currency system is to stay until  2030 as per the law.
• All obligations are to be converted to ZIG.
• All banks are to accept old notes for the next 21 days.
• ZIG notes 1, 2, 5, 10, 20, 100 200
• Paper cash isn’t going anywhere for some time. People who will want to use paper will have these paper notes and will have a QR Code for tracking.

SOURCE: DINARCHRONICLES