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While the government has suspended the announcement of inflation figures, John Hopkins University’s applied economics professor, Steve Hanke, currently estimates it to be 558 percent. To compound matters for Zimbabweans, the government has since introduced different regulations that have essentially curtailed the use of foreign currency as a hedge against inflation, buy ethereum through blockchain. Zimbabwe has had a dollarised economy since 2009 but this was discontinued in June 2019 when a statutory instrument made it illegal to conduct local transactions in USD.
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Market information on 2021-12-24 04:55:19
Market capitalization: $ 2384 billion (+ 7.2%) ? (against $ 2341 billion yesterday morning).
Weighted average Bitcoin rate $51119 (+0.17045859 %) ? with a capitalization of $ 967 billion and a dominance index of 41%