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ZiG Collapse Fuels Bitcoin Boom in Zimbabwe

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BTC MEW
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Zimbabwe’s newly introduced ZiG currency has suffered a dramatic devaluation, losing 43% of its value since its launch in April 2024. The Reserve Bank of Zimbabwe adjusted the exchange rate from 13.56 ZiG per US dollar to 24.4 ZiG per dollar on September 27, though Governor John Mushayavanhu…

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