Currency Conundrum: Zimbabwe’s Golden ZiG Battles Mistrust Amid Heavy-Handed Enforcement
The Zimbabwean government launched a new currency called the ZiG, backed by gold, in an attempt to replace the struggling Zimbabwe dollar. They launched a […]
black market
Egypt Closes 48 Forex Bureaus as Black Market Surges
Egypt’s central bank has reportedly closed 48 foreign exchange bureaus since the start of the year for trading at black market rates and other violations, […]
Algeria fights informal trade
Algeria’s Interior Minister and Trade Minister, have a made a joint announcement of plans to integrate more youth active in the black market into the […]