Zimbabwe’s central bank has devalued its gold-backed currency, the Zig, by over 40% against the US dollar, raising concerns about the country’s...

Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism that the...

Harare – In a dramatic move reflecting the deepening economic woes gripping Zimbabwe, the Reserve Bank of Zimbabwe (RBZ) has devalued the...

Five months after its launch, Zimbabwe’s new currency, the ZiG (Zimbabwe Gold), is facing a steep uphill battle, struggling to gain traction and...

Harare – Zimbabwe’s newly introduced gold-backed currency, the ZiG, continues its downward spiral against the US dollar, raising concerns about...

HARARE — Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on [...]

Zimbabwe’s gold-backed currency was devalued by more than 40% last week. And while gold is shining at the moment, Bloomberg reports that lower...

HARARE, – Five months after the introduction of Zimbabwe’s latest currency, the gold-backed ZiG (Zimbabwe [...]

HARARE, – Five months after the introduction of Zimbabwe’s latest currency, the gold-backed ZiG (Zimbabwe [...]

HARARE – Zimbabwe’s retailers warn that the official exchange rate for the country’s newest currency, [...]