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Zimbabwe Introduces New Gold Backed Currency - Zig | 6th Currency Since 2009 Hyperinflation
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879 Views • May 1, 2024 • Click to toggle off description
On 30th April Zimbabwe started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The Zimbabwe Gold aka ZiG was was launched electronically on April 5. It's the southern African country's latest attempt to halt a long-running currency crisis . The ZiG is the sixth currency Zimbabwe has used since the spectacular 2009 collapse of the Zimbabwe dollar amid hyperinflation of 5 billion percent

#Zig #gold #inflation


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Views : 879
Genre: News & Politics
Date of upload: May 1, 2024 ^^


Rating : 5 (0/8 LTDR)
RYD date created : 2024-05-02T08:39:45.672434Z
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YouTube Comments - 3 Comments

Top Comments of this video!! :3

@independence4576

2 weeks ago

Yahoo for Zimbabwe 🎉

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@blackman1464

2 weeks ago

This video wasn't meant to build confidence on this currency

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