Zimbabwe’s gold-backed currency loses half its value: Why and what’s next?
Zimbabwe’s gold-backed currency loses half its value: Why and what…
Oct 24, 2024
ALJAZEERAAl Jazeera Staff
What do Zimbabweans need to know about the new Zimbabwean currency called the ZiG? Can Zimbabweans use the new currency called the ZiG to pay for your passport application? Can you use it to buy fuel at the service station? Can you use it to pay customs duty for your car at Beitbridge border post? Can you walk into a bank and use it to buy foreign exchange? Can you buy an airline ticket with it? Zimbabwe has the highest inflation in the world, will it come down after the introduction of the ZiG?
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