Friday, May 17, 2024

Zimbabwe New Currency, The Gold Back ZiG Monetary policy statement highlights, 17 MAY

 Zimbabwe New Currency, The Gold Back ZiG Monetary policy statement highlights: https://t.me/USDebtClockAmerica

  • Structured currency to be backed by reserves and royalties.
  • ZWL dollar currencies are to be converted to ZiG
  • ZiG to circulate alongside other currencies.
  • 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 like I mentioned. The people that will want to use paper will however these paper notes will have a qr code for tracking.
  • What I would like to point out at the very bottom of this article you will see: “The gold coins and Zimbabwe gold-backed digital tokens”
SOURCE: DINARCHRONICLES

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