Steps Toward De-Dollarization in Zimbabwe Vice President Constantino Chiwenga stated that Zimbabwe’s new currency, the ZiG, marks a significant move toward phasing out the US dollar in the national economy. Introduced on April 5 as a replacement for the unstable Zimbabwean dollar, the ZiG aims to restore monetary sovereignty in a country where over 80% of transactions are currently conducted in US dollars. Chiwenga emphasized the permanence of the ZiG, highlighting its role in Zimbabwe’s de-dollarization strategy, which focuses on fiscal discipline, monetary prudence, and economic revitalization. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Rise on Fed Rate Cut Speculation Ahead of Key Meeting READ MORE Gold's Long-Term Strength Predicted to Persist READ MORE US Mortgage Rates Dip Slightly to 6.63%, Offering Hope to Homebuyers READ MORE World Gold Council: Why Are Gold Prices Rising? READ MORE US Economy Q2 Growth Revised Up to 3% on Strong Consumer and Business Activity READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment