Zimbabwe’s Gold-Backed Currency Sees Gains, but US Dollar Remains Dominant

Zimbabwe’s gold-backed currency, the ZIG, has seen a important summation successful usage since its instauration successful April. While the U.S. dollar remains the ascendant currency for astir citizens, the ZIG is utilized for 40% of payments and 80% of authorities transactions. The authorities aims to yet regenerate the U.S. dollar with the ZIG arsenic the […]