Zimbabwe’s gold-backed ZiG rises against dollar for second day

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Zimbabwe's gold-backed currency which has been battered on foreign-exchange markets since its debut in April rose against the dollar for a second day on Tuesday. According to economic analysts, the currency is benefiting from tighter monetary conditions engineered by the central bank, which devalued the unit in late September.


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Congrats to our Zim brothers & sisters. The land reform program 25 years ago was a necessary step. We're rooting for your beautiful country

EasyMoney-pk
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Good on you, well done 4%, recovering the almost 40% it fell from 🤨!

krchatira
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