RTGS Dollars

New Zimbabwe currency to be backed up with fiscal discipline Finance Minister Mthuli Ncube recently said that the new Zimbabwe currency will be backed up with fiscal discipline. According to Ncube, the government will allow the new Zimbabwe currency – Real Time Gross Settlement (RTGS) dollar; to fluctuate but would manage excessive volatility. Zimbabwe’s Central bank have been slowly injecting dollars into some commercial banks so as to make cash available for businesses. In the past, absence of enough…