Currency

Africa

Zimbabwe Knocks 40% Off Value Of Gold-Backed Currency

ZIMBABWE’s central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise.

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Africa

44% Drop In Malawi Currency’s Value Against US Dollar Sparks Unease

MALAWI’s currency has lost nearly half its value against the US dollar, sparking concerns from some consumers in the southern African country that.

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