Zimbabwe Devalues Gold-Backed Currency by 44%

Tag : bitcoin
Tag : bitcoin official
Zimbabwe Devalues Gold-Backed Currency by 44%The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold (Zig) by 44%, causing the currency to plummet from 13.98 to 24.3 against the U.S. dollar. This drastic move addresses rising exchange rate volatility and inflationary pressures that have plagued the economy since August. According to RBZ Governor John Mushayavanhu, the decision was necessary […]
I detected you have an ad blocker installed in your browser. Advertising is a way of earning a small compensation for the work I put in to create this site. If you like my site and appreciate my efforts to create an informative site, would you consider buying me a coffee? I would greatly appreciate it :-)
Your Diving Board Into The Vast Pool Cryptocurrencies Have Become by Johan Vranckx