{"id":193314,"date":"2025-03-11T06:59:44","date_gmt":"2025-03-11T04:59:44","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwes-central-bank-confident-of-gold-backed-zig-currencys-long-term-stability\/"},"modified":"2025-03-11T06:59:44","modified_gmt":"2025-03-11T04:59:44","slug":"zimbabwes-central-bank-confident-of-gold-backed-zig-currencys-long-term-stability","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwes-central-bank-confident-of-gold-backed-zig-currencys-long-term-stability\/","title":{"rendered":"Zimbabwe&#8217;s Central Bank Confident of Gold-Backed ZIG Currency&#8217;s Long-Term Stability"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"32\">THE Reserve Bank of Zimbabwe (RBZ) is still pinning its hopes on the strength of the local gold-backed Zimbabwe Gold (ZiG) currency to compete against major currencies, including the United States dollar.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"40\">Speaking during a Tourism Business Council of Zimbabwe (TBCZ) indaba recently, RBZ Governor John Mushayavanhu put up a spirited defence against detractors of the ZiG claiming robust monetary policy measures introduced by the bank were ensuring the ZiG remains bouyant.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"10\">&#8220;The ZiG to USD rate is&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202503110001.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Zimbabwe\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/zimbabwe\/\">Zimbabwe<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE Reserve Bank of Zimbabwe (RBZ) is still pinning its hopes on the strength of the local gold-backed Zimbabwe Gold (ZiG) currency to compete against major currencies, including the United States dollar. Speaking during a Tourism Business Council of Zimbabwe (TBCZ) indaba recently, RBZ Governor John Mushayavanhu put up a spirited defence against detractors of [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[248],"tags":[258,256,7089,5934,4376,50826,45439,12950,257,254,9185,48253,421,7726],"class_list":["post-193314","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-africa","tag-africa-news","tag-bank","tag-central","tag-confident","tag-currencys","tag-goldbacked","tag-longterm","tag-news","tag-south-africa-today","tag-stability","tag-zig","tag-zimbabwe-news","tag-zimbabwes"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/193314","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=193314"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/193314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=193314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=193314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=193314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}