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Zimbabwe's ZiG Currency launch sparks rush amid US dollar demand

Date: Apr 24, 2024

The introduction of the Zimbabwe's new ZiG currency has created a scramble for new notes, while the black market continues to be driven by the demand of the United States (US) dollar.

Since the announcement of the gold-backed currency, Zimbabweans have been struggling to find new notes, and there has been confusion in the country as some local businesses, transport, and government services are not accepting old bills.

--ChannelAfrica--