{"id":206159,"date":"2025-09-03T05:59:49","date_gmt":"2025-09-03T03:59:49","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-to-replace-us-dollar-with-gold-backed-zig-by-2030\/"},"modified":"2025-09-03T05:59:49","modified_gmt":"2025-09-03T03:59:49","slug":"zimbabwe-to-replace-us-dollar-with-gold-backed-zig-by-2030","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-to-replace-us-dollar-with-gold-backed-zig-by-2030\/","title":{"rendered":"Zimbabwe to Replace Us Dollar With Gold-Backed Zig By 2030"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"1\"><em>TLDR<\/em><\/p>\n<ul>\n<li><em>Zimbabwe&#8217;s central bank has set economic milestones to be achieved before the ZiG, a gold-backed currency introduced in April 2024<\/em><\/li>\n<li><em>The Reserve Bank of Zimbabwe (RBZ) said the plan involves phasing out the US dollar from domestic transactions as the country transitions to a mono-currency system<\/em><\/li>\n<li><em>Key objectives include boosting foreign exchange reserves to cover three to six months of imports, reducing inflation from the current 94% to single digits by 2026<\/em><\/li>\n<\/ul>\n<p class=\"story-body-text\" data-para-word-count=\"28\">Zimbabwe&#8217;s central bank has set&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202509020413.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>TLDR Zimbabwe&#8217;s central bank has set economic milestones to be achieved before the ZiG, a gold-backed currency introduced in April 2024 The Reserve Bank of Zimbabwe (RBZ) said the plan involves phasing out the US dollar from domestic transactions as the country transitions to a mono-currency system Key objectives include boosting foreign exchange reserves to [&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":[258,256,10746,45439,257,10486,254,48253,4686,421],"class_list":["post-206159","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-africa","tag-africa-news","tag-dollar","tag-goldbacked","tag-news","tag-replace","tag-south-africa-today","tag-zig","tag-zimbabwe","tag-zimbabwe-news"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/206159","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=206159"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/206159\/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=206159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=206159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=206159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}