The recently introduced ZiG currency has exerted its impact on yearly inflation to 3,2% in a development consistent with current monetary trends, the Zimbabwe National Statistics Agency reported Monday.
The ZiG currency is currently trading at a rate of 14:00 against US$1,00 and is also enjoying a stable exchange rate with less volatility so far. ZiG notes and coins have started circulating. But presenting the latest figures this week Zimstat said the month-on-month inflation rate was 0,8% in April 2024, gaining 0,6% on the March 2024 rate of 0,2%.
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