HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.
(Bloomberg) -- Zimbabwe’s new gold-backed currency, the ZiG, isn’t even a year old and is already suffering from the same lack of credibility that doomed its predecessors. Finance Minister Mthuli ...
(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...
Here are the top reasons why the Zimbabwe ZiG, the country's gold-backed currency is in a strong bullish trend this year ...
Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...
Zimbabwe's central bank has introduced a new gold-backed currency, ZiG, to combat high inflation. This is Zimbabwe's sixth attempt at a new currency since 2008. The African nation is aiming to phase ...
bne IntelliNews on MSN
Zimbabwe aims to expand dollar-denominated VFEX into financial centre, says CEO
By bne IntelliNews Zimbabwe’s dollar-denominated Victoria Falls Stock Exchange (VFEX). established in 2020, has surpassed ...
(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...
The Reserve Bank of Zimbabwe said the new notes that includes 50 trillion, 20 trillion and 10 trillion would be released for the "convenience of the public," according to statemen ...
The Zimbabwe Independent on MSN
‘Pillow beats bank in currency war’... as industries warn state to 'stop bleeding the informal sector, fix money first'
Pillow beats bank in currency war’... as industries warn state to 'stop bleeding the informal sector, fix money first' ...
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