ZiG: Zimbabwe Launches Gold-Backed Currency to Stabilize Economy and Fight Inflation
On April 8, 2024, Zimbabwe formally introduced its new gold-backed currency named ZiG (Zimbabwe Gold). As reported by Kitco News on April 5, this move marks a crucial milestone in creating a strong and consistent national currency and tackling the country’s economic volatility and high inflation rates. On April 5, 2024, the Reserve Bank of … Read more