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Zimbabwe’s central bank launched a new “structured currency” backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy. The ZiG — short for Zimbabwe Gold — will replace the Zimbabwean dollar which has tumbled in value over the past year, pushing inflation through the roof, Reserve Bank […]
Zimbabweans have 21 days to exchange their old currency for new currency, the central bank said.Zimbabwe's central bank has launched a new gold-backed
Zimbabweans have 21 days to convert their old cash into new money, according to the central bank.
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