Zimbabwe Adopts Strategic De-Dollarization Roadmap, Shifts to Gold-Backed ZiG
Update: 2024-08-16
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Zimbabwe unveiled its blueprint for promoting economic stability and de-dollarization by adopting the gold-backed ZiG to reduce its dependence on the US dollar. President Emmerson Mnangagwa has expressed confidence in the new currency's potential to become the nation's sole legal tender by 2026, outpacing the initial 2030 timeline.
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