Reserve Bank of Zimbabwe Launches School Challenge to Save ZiG

According to reports by New Zimbabwe, the Reserve Bank of Zimbabwe launched the Schools Monetary Policy Challenge on Friday, committing ZiG10 million to the initiative. The central bank designed the program, which runs through December 2026, to foster financial literacy among secondary students. This launch follows intense public skepticism regarding the stability of the gold-backed ZiG currency, which ZimEye reports has faced severe depreciation pressures since its introduction. Local critics dismissed the program as a desperate public relations campaign targeting children to legitimize a failing currency. The central bank faces the harsh reality of stabilizing a volatile currency amid deep public distrust and structural economic imbalances.