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Maroc Maroc - iafrica.com - A La Une - 01/Mar 10:23

Gold-Backed ZiG has Struggled to Win People over in Zimbabwe

Zimbabwe’s central bank governor, John Mushayavanhu, assured the public that the country does not face a foreign exchange (forex) crisis. He explained that during a recent market intervention, the central bank offered $20 million in forex, but only $15 million was purchased, indicating the level of demand in the market. This suggests that Zimbabwe has… 

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