Day: September 30, 2024

Zimbabwe Devalues Gold-Backed Zig By 40% Amid Soaring Demand For U.S. Dollars – Sixth Currency In 25 Years Struggles

By Monicah WSeptember 30, 2024September 30, 2024

In a bid to contain Zimbabwe’s escalating economic turmoil, the Reserve Bank of Zimbabwe (RBZ) has sharply devalued its gold-backed currency, the Zig, by over […]