Zimbabwe’s ZiG Currency Hits Longest Losing Streak Against Dollar
Sellers of dollars are insufficient at FX interbank market Gold-backed unit is yet to make gains to the dollar this month.
Zimbabwe’s Currency Crisis
Matonhodze/Bloomberg
By Ray Ndlovu
September 10, 2024 at 1:51 PM GMT+2
Zimbabwe’s bullion-backed currency is experiencing its longest run of losses against the dollar since it started trading on April 8.
The ZiG, short for Zimbabwe Gold, fell for a ninth consecutive day on Tuesday because of a shortage of dollars caused by a lack of sellers in the
And yet some people In Zambia especially opposition are saying that HH has failed. What has he failed when the person is effectively controlling and fixing the economy.