Zimbabwe’s new currency code, ZWG approved

Business Reporter Zimbabwe has registered the new currency Zimbabwe Gold as an international currency per ISO requirements, with the new currency code being ZWG. The Reserve Bank of Zimbabwe (RBZ)’s Deputy Director, Financial Markets- National Payment Systems and FinTech Department, Dr Josephat Mutepfa revealed this in a letter to the Bankers Association of Zimbabwe (BAZ) […]

Zimbabwe’s government: The biggest threat to its own currency

thezimbabwean.co.uk - 29/Sep 20:58

The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling.

RBZ injects US$64m into foreign currency market

herald.co.zw - 19/Sep 22:07

Business Reporter THE Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market to meet the growing demand for hard...

Zig (ZWG) currency loses 80% of its value, government in a fix as farmers reject ZiG… Brace for bread shortages

myzimbabwe.co.zw - 20/Sep 07:57

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

The Zimbabwe government is the biggest threat to its own currency

nehandaradio.com - 29/Sep 17:48

Tendai Ruben Mbofana: "The Reserve Bank of Zimbabwe’s (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation...

RBZ vows to insulate ZiG from shocks

herald.co.zw - 20/Sep 22:09

Wallace Ruzvidzo Herald Reporter THE Reserve Bank of Zimbabwe (RBZ) has assured the nation that it will weather all the shocks that have emanated from...

Zimbabwe Devalues Gold-backed Currency by 40%

iafrica.com - 01/Oct 05:54

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 Central Bank Sees Currency to Plummet by 40 percent

thezimbabwemail.com - 27/Sep 13:06

The Reserve Bank of Zimbabwe (RBZ) today allowed the Zimbabwe Gold (ZiG) currency to depreciate [...]

ZiG rate adjustment to anchor currency stability

herald.co.zw - 27/Sep 22:07

Business Reporter IN a strategic move aimed at stabilising the local currency and easing inflationary pressures, the Reserve Bank of Zimbabwe (RBZ)...

Is this the end of The ZiG? Economists and experts call for ditching the failing currency as black market rate shoots to 1:40

myzimbabwe.co.zw - 28/Sep 07:37

The Reserve Bank of Zimbabwe’s (RBZ) decision to devalue the Zimbabwe Gold (ZiG) currency by 44% has ignited a firestorm of criticism across the...

Zimbabweans reject the ZiG as the “gold-backed” currency loses value again within 72 hours of devaluation

myzimbabwe.co.zw - 30/Sep 17:37

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

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