Zimbabwe's central bank (RBZ) tells people not to worry about finding the country's gold-backed money called ZiG. Governor John Mushayavanhu says banks have enough ZiG bills for everyone who wants them. The Reserve Bank sent a substantial amount of cash to all financial institutions across Zimbabwe. Bank workers never ran short of the local currency during recent months. Officials promise to continue sending more money when banks need it.
More people use ZiG for buying things than before this year started. Local currency payments jumped from 7.86 billion ZiG to 56.8 billion ZiG between April 2024 and May 2025. Banks hold over 207 million ZiG as cash right away for customers. Total ZiG deposits reached about 16 billion as of June 12. The central bank calls this amount enough for daily business needs.
Some ATMs already dispense ZiG bills when people make withdrawals. Other banks work on changing their cash machines to handle the local currency soon—the Reserve Bank partners with financial companies to distribute ZiG money more effectively throughout Zimbabwe. Leaders want to keep ZiG strong for all citizens who use it. Bank officials work hard to ensure ZiG remains valuable for purchasing goods.
More people use ZiG for buying things than before this year started. Local currency payments jumped from 7.86 billion ZiG to 56.8 billion ZiG between April 2024 and May 2025. Banks hold over 207 million ZiG as cash right away for customers. Total ZiG deposits reached about 16 billion as of June 12. The central bank calls this amount enough for daily business needs.
Some ATMs already dispense ZiG bills when people make withdrawals. Other banks work on changing their cash machines to handle the local currency soon—the Reserve Bank partners with financial companies to distribute ZiG money more effectively throughout Zimbabwe. Leaders want to keep ZiG strong for all citizens who use it. Bank officials work hard to ensure ZiG remains valuable for purchasing goods.
