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15 hours ago · Zimbabwe will impose fines on enterprises that use inflated exchange rates since it has implemented the Zimbabwe Gold (ZiG), the Western media reported on Friday, citing a government notice.Now, any business that uses an exchange rate above the official rate of 13.5 ZiG per US dollar will be reportedly subject to a penalty of 200,000 ZiG ($14,815).Furthermore, selling "goods or services at an ...
May 12, 2024 · 2008 100 Trillion Reserve Bank Of Zimbabwe Hyperinflation Note Grades CU. During the years of 2008 and 2009, The inflation rate of the Zimbabwe Dollar Grew to 250,000,000% at its peak. This was later linked to the Central Bank uncontrollably printing money and the global economic crisis and the time.
15 hours ago · A supermarket till operator displays a 10 ZiG banknote and 5 Zig coin in Harare. , Bloomberg. (Bloomberg) — Zimbabwe is making a fresh push to lure foreign capital and is using its new gold-backed currency to persuade investors it won’t repeat mistakes that led to hyperinflation and economic woes in the past. The southern African nation ...
15 hours ago · I think the question is wrong because a similar example is meentioned in core and it is a violation. Example 8 (Failure to Maintain Knowledge of the Law):
