04/12/2024

Zimbabwe has replaced its old currency with the Zimbabwe Gold, a new currency whose value is backed by foreign currency reserves and gold

https://newstarget.com/2024-04-11-zimbabwe-introduces-new-currency-backed-by-gold.html

Zimbabwe has introduced a new national currency, the Zimbabwe Gold (ZiG), that is backed primarily by gold and foreign currency reserves. This comes amid a bid by the southern African nation to stabilize its economy and counteract the devaluation of its previous currency, the Zimbabwean dollar. Reserve Bank of Zimbabwe Gov. John Mushayavanhu declared on […]

www.newstarget.com