Highlights From the MPS Presentation by RBZ Governor Mr. John Mushayavanhu

🗞Auction system has been removed 🗞All loans, prices of goods, and any other zwl obligations converted to Zig 🗞Financial institutions directed to rename zwl accounts to Zig accounts 🗞Institutions shall convert all zwl balances to Zig effective today 🗞Currency shall circulate with other currencies in the existing Multi currency environment 🗞Swap rate guided by closing

🗞Auction system has been removed

🗞All loans, prices of goods, and any other zwl obligations converted to Zig

🗞Financial institutions directed to rename zwl accounts to Zig accounts

🗞Institutions shall convert all zwl balances to Zig effective today

🗞Currency shall circulate with other currencies in the existing Multi currency environment

🗞Swap rate guided by closing interbank rate today plus closing gold price as of yesterday…

More Details to follow…

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