Zimbabwean authorities arrested 65 suspected illegal foreign exchange dealers in the capital Harare. The arrests come as the country’s newly introduced currency, the Zimbabwe Gold (ZiG), faces a significant decline in value on the black market.Â
Hyperinflation
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In a strategic move aimed at stabilizing the nation’s economy, Zimbabwe has announced the introduction of a new structured currency, with plans…
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Zimbabwe, often associated with hyperinflation, is witnessing a drastic fall in its currency value. The nation’s local dollar has been weakening against…