Swisher1776
@swisher1776
ZIM RV: CONFIRMED NEW ZIG NOTES READY FOR CIRCULATION Q1 2026
The Reserve Bank of Zimbabwe (RBZ) has confirmed that newly designed ZiG banknotes are ready for circulation, with distribution set to take place through banks and authorised outlets once rollout begins.
RBZ Governor Dr John Mushayavanhu said preparations are at an advanced stage, but stressed that the introduction of the new notes will be carefully managed to safeguard price and exchange rate stability.
Gradual Rollout Planned for Early 2026
Speaking in an interview, Dr Mushayavanhu said the release of the new ZiG notes will follow a phased approach guided by economic conditions and actual demand for cash.
He explained that circulation is expected to begin within the first quarter of 2026, allowing authorities to closely monitor market conditions and ensure a smooth transition.
No Expansion of Money Supply
The central bank governor assured the public that the introduction of physical ZiG notes will not increase the amount of money in circulation. Instead, banks will receive cash in exchange for their existing electronic balances held at the RBZ.
This approach, he said, is designed to maintain monetary discipline while improving convenience for cash users.
Public Awareness Campaign to Support Transition
To ensure public confidence, the RBZ plans to roll out a nationwide awareness campaign highlighting the new notes’ security features, durability and the safeguards in place to preserve currency stability.
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Source(s):
https://x.com/swisher1776/status/2005439679412203955
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