The Zimbabwe gold-backed digital coin, known as ZiG, became operational today as a means of payment but central bank governor John Mangudya said it was not a currency.
The ZiG is at par with the physical gold coin and will be informed by the international price of gold.
The central bank has enlisted external auditors to validate the availability and adequacy of gold to back the ZiG at any time.
(1849 VIEWS)
Pingback: Fri. AM-PM TNT News Articles from (Iraq, Zimbabwe) 10-6-23 | Dinar Chronicles
mikan093110