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

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...

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...

Zimbabwe Devalues Gold-backed Currency by 40%

iafrica.com - 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 [...]

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...

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...

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)...

ZiG plunges 44%: RBZ devalues “gold-backed” currency as economic pressures mount, ZBC, ZINARA, etc swiftly hike fees

myzimbabwe.co.zw - 27/Sep 20:19

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

Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility

thezimbabwean.co.uk - 25/Sep 07:41

Zimbabwe’s central bank governor, John Mushayavanhu, has stated that the bank might use its foreign currency reserves to protect the Zimbabwe Gold...

RBZ governor addresses ZiG’s value drop despite climbing gold prices

mbaretimes.com - 29/Sep 09:40

Dr. John Mushayavanhu, the Governor of the Reserve Bank of Zimbabwe (RBZ), recently addressed concerns regarding the decline in value of the Zimbabwe...

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