Central Bank Increases ZiG Cash Circulation

The central bank continues to monitor uptake levels as it navigates an ongoing currency confidence crisis. This latest release represents a significant effort to ensure the local unit remains accessible to the public, despite persistent skepticism regarding its long-term stability and value retention in a market historically dominated by foreign currencies. By increasing the volume of cash in circulation, the central bank aims to improve liquidity and facilitate daily transactions for citizens. The bank is working to establish the gold-backed unit as the primary medium of exchange.