Consider the following statements: Which of the following statements is/are correct?
A. The Reserve Bank of Zimbabwe (RBZ) has launched the new currency "Zimbabwe Gold (ZiG)" backed by gold and foreign currencies to replace its local currency Zimbabwe dollars (ZW$).
B. The ZiG notes and coins will start circulating in the economy on 30th April 2024.
C. The initial exchange rate of ZiG is set at 13.56 ZiG per US dollar (USD).
1
Only A
2
Only B
3
Only C
4
Both A and B
5
All of these