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The policies deliberately keep the circulation of the ZiG at way below market demand, a move the central bank implemented to try and preserve the domestic currency’s value.
Since the introduction of the ZiG currency in 2024, Zimbabwean businesses have struggled with a dual pricing system dictated both by the official interbank rate and parallel market rates.
The Progressive Teachers Union of Zimbabwe (PTUZ), which is organising the march, said educators were earning poverty wages and were incapacitated to report for work.