"Zimbabwe Balances Diplomacy and Force to Stabilize New Currency"

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Source: Yahoo Finance
"Zimbabwe Balances Diplomacy and Force to Stabilize New Currency"
Photo: Yahoo Finance
TL;DR Summary

Zimbabwe's government is promoting its new gold-backed currency, the ZiG, through public campaigns and forceful measures, including arrests of street currency dealers and freezing business accounts. Despite these efforts, public mistrust and a preference for U.S. dollars persist, driven by economic instability and the black market.

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