New ZiG Banknotes to Boost Currency Reach, Deepen Acceptability in Informal Sector: Economist
22:32 07.04.2026 (Updated: 22:44 07.04.2026)
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New ZiG Banknotes to Boost Currency Reach, Deepen Acceptability in Informal Sector: Economist
Zimbabwe’s rollout of upgraded ZiG banknotes is expected to increase cash circulation and strengthen the local currency’s acceptability, economist Malone Gwadu of Mark & Associates Consulting Group told Sputnik Africa.
The new notes, released this Tuesday, feature improved durability and security, which will help reduce counterfeiting and enhance public confidence, Gwadu noted.
With inflation at single digits and foreign currency reserves growing, the central bank has “walked the talk” on disciplined monetary policy, Gwadu said, though he noted that high interest rates remain a challenge for industry.
"At the core right now what makes us to defend our gains, is to ensure that we have a disciplined approach to our monetary policy stance, and this would feed probably into the real economy in the medium to long term," he said.
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