Economic Policy

In 2 Years US Dollar Won't Be Accepted In Zimbabwe 1

In 2 Years US Dollar Won’t Be Accepted In Zimbabwe

In early April, Zimbabwe launched a new currency called Zimbabwe Gold (ZiG), fully backed by gold and foreign reserves, aiming to replace the US dollar within two years. President Emmerson Mnangagwa announced this at an event, predicting ZiG’s nationwide acceptance soon. Backed by 100 tonnes of gold and $100 million