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Labrish
Nyuuz
RBZ says ZiG supplier payments won't end the multicurrency system
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[QUOTE="Queen, post: 88298, member: 27"] A ZiG-only supplier payment rule spooked Zimbabweans, and the central bank rushed out reassurances that the multicurrency system isn't dying. What triggered the panic [LIST] [*]Finance Minister Mthuli Ncube announced ZiG-only local payments. [*]His March 13 statement applied to all public-sector suppliers. [*]Black-market currency fears immediately started swirling. [*]Inflation anxiety spiked over potential exchange-rate chaos. [/LIST] RBZ Governor steps in to cool things down [LIST] [*]John Mushayavanhu issued a calming statement on March 17. [*]Multicurrency system is not going anywhere yet, he stressed. [*]Suppliers can still access USD on the interbank market. [*]Foreign currency reserves hit US$16 billion in 2025 receipts. [/LIST] Inflation and stability benchmarks look solid [LIST] [*]January 2026 inflation sat at 4.1 percent. [*]February's number dipped even further to 3.85 percent. [*]Exchange-rate expectations are anchored, per the RBZ. [*]Full ZiG transition only happens when preconditions are met. [/LIST] [/QUOTE]
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Labrish
Nyuuz
RBZ says ZiG supplier payments won't end the multicurrency system
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