Zimbabwe’s gold-backed currency, the ZIG, has seen a significant increase in usage since its introduction in April. While the U.S. dollar remains the dominant currency for most citizens, the ZIG is used for 40% of payments and 80% of government transactions. The government aims to eventually replace the U.S. dollar with the ZIG as the […]News Bytes, foreign currency, gold currency ZIG, Gold-backed currency, Newsbyte-3, US dollars, ZIGRead More

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