ZiG slows price increases, but US$ prices remain high

FOOD security initiative, the Famine Early Warning Systems Network (FewsNet) says while the Zimbabwe Gold (ZiG) currency has brought some stability, United States dollar prices remain high.

The ZiG replaced in April the Zimbabwe dollar after it had depreciated by over 700% last year, and 250% in the first quarter.

Despite the relatively stable ZiG prices, US dollar prices have risen at a time more than 80% of the market is using the greenback.

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