Zimbabwe’s Sixth Attempt: The Uphill Battle of the ZiG Currency
Why The ZiG Currency in news? Zimbabwe’s economic woes are well documented. Hyperinflation in 2009, estimated at a staggering 5 billion percent, rendered the Zimbabwean dollar virtually worthless. A now-infamous 100-trillion Zimbabwe dollar bill stands as a stark reminder of this tumultuous period. In response, the country adopted a multi-currency system, with the US dollar … Read more