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Zimbabwe central bank devalues its gold-backed currency by more than 40% against the dollar

Zimbabwe central bank devalues its gold-backed currency by more than 40% against the dollar

Bitget2024/09/28 22:27

Zimbabwe central bank has devalued its gold-backed currency by more than 40 percent against the U.S. dollar on Sept. 29, signaling trouble for its latest attempt to stabilize the troubled economy. The currency was introduced just six months ago.

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