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  • Candid view about Zimbabwe’s New Currency (ZiG)

Candid view about Zimbabwe’s New Currency (ZiG)

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Candid view about Zimbabwe’s New Currency (ZiG)

Byron Adonis Mutingwende1 year ago05 mins

Writes Michael Tichareva The Reserve Bank of Zimbabwe (RBZ) introduced a new currency, the ZiG (Zimbabwe Gold), which is linked to the value of gold and the country’s foreign exchange reserves. The ZiG is designed to be more stable than the previous Zimbabwean dollar and is intended to curb inflation. The value of ZiG is…

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