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Kenyan President William Ruto praised Zimbabwe’s gold-backed currency, ZiG, as a potential catalyst for economic recovery in the southern African nation. Kenyan President William Ruto praised Zimbabwe’s gold-backed currency, ZiG, as a potential catalyst for economic recovery in the southern African nation.ZiG, the new gold-backed currency, was launched earlier this month to help stabilise the economy and protect citizens from currency fluctuations and sky-high inflation.Experts have questioned whether Zimbabwe has enough reserves to adequately back the currency and if the latter could suffer f…

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