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Zimbabwe has once again dethroned its local currency, adopting the US dollar as its official currency due to hyperinflation. This is the second time the US dollar has replaced the Zimbabwean dollar. The local currency had become so devalued that 35 quadrillion Zimbabwean dollars were equivalent to 1 US dollar. Economists have accused the Zimbabwean government of artificially manipulating its local currency, leading to its demise.

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