USD to ZiG: Here’s why the Zimbabwe currency is crashing

The world’s newest currency is imploding as concerns about whether the experiment will work out. Zimbabwe Gold, popularly known as the ZiG, has plunged to its lowest level against the US dollar, erasing all the initial gains.  Data by the Reserve Bank of Zimbabwe (RBZ) shows that the USD/ZIG pair surged to 13.67, up from […]