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Zimbabwe s ZiG Is a Step to Abandoning US Dollars, Vice President Says

Zimbabwe s ZiG Is a Step to Abandoning US Dollars, Vice President Says
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Zimbabwe s ZiG Is a Step to Abandoning US Dollars, Vice President Says

(Bloomberg) Zimbabwe’s new currency is a step toward eventually abandoning the use of US dollars in the economy, Vice President Constantino Chiwenga said.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyThe ZiG was introduced on April 5 to replace the Zimbabwean dollar,

Zimbabwe s ZiG Wipes Out 330% Stocks Rally

(Bloomberg) Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market this year, leaving investors dealing with the fallout.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo EssaySea Billionaire’s Wife to Buy Singapore Mansion for $31 MillionThe Zimbabwe Stock Exc

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