Explore why the Zimbabwe ZiG currency faces a grim future as its demand among businesses and residents plummet.

To its credit, the ZiG has created stability in the economy with the premium on the United States dollar narrowing to 20% in ...

When the Zimbabwe Gold (ZiG) currency was launched a year ago, few could have predicted the quiet revolution it would spark.

Gold and foreign currency reserves backing Zimbabwe's bullion-linked unit have risen more than twofold since its introduction ...

Spread This News By Bloomberg  A LIQUIDITY crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and ...

A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed ...

THE central bank is making concerted efforts to ensure delivery of new Zimbabwe Gold (ZiG) banknotes “in the shortest ...

The ZiG was more than a replacement for the Zimbabwe dollar set at a new value. It was the result of a prolonged campaign by ...

This week marks a year since the government introduced a new currency, the Zimbabwe Gold (ZiG), to arrest runaway inflation ...

The Reserve Bank of Zimbabwe (RBZ) is accelerating efforts to deliver new Zimbabwe Gold (ZiG) banknotes, with Governor Dr ...

Gold and foreign currency reserves backing Zimbabwe ... kilograms of gold in reserves valued at $274 million. The ZiG, short for Zimbabwe Gold, started trading April 8, 2024, replacing the ...

A liquidity crunch in Zimbabwe is deepening the economy’s embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago. The ZiG ...