Zig NEWS
WEBRead the latest happenings in the global Zig community.
Zimbabwe Devalues ZiG as Latest Bid for Stable Currency Founders
WEB1 day ago · Fri, Sep 27, 2024, 4:40 AM 1 min read. (Bloomberg) -- Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism the ...
Zig NEWS - Top posts this week
WEBZig NEWS Read the latest happenings in the global Zig community. Built on Forem — the open source software that powers DEV and other inclusive communities. Made with love and Ruby on Rails .
Zig NEWS - Top posts this month
WEBZig NEWS Read the latest happenings in the global Zig community. Built on Forem — the open source software that powers DEV and other inclusive communities. Made with love and Ruby on Rails .
Zimbabwe said to devalue new ZiG currency 44% against USD, …
WEB1 day ago · Sept 27 (Reuters) - Zimbabwe is said to have devalued its new gold-backed ZiG currency by 44% against the U.S. dollar, Bloomberg News reported on Friday, citing four treasury dealers. ZiG, which ...
Top Zimbabwe Food Firm Says ZiG Needs More Help If It’s to Win
WEB1 day ago · September 27, 2024 at 9:45 AM EDT. Save. Zimbabwe’s biggest food producer said the nation’s new bullion-backed currency will need more support if the country wants to make a success of its ...
Zimbabwe’s ZiG is the world’s newest currency | AP News
WEBApr 30, 2024 · Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The ZiG was introduced electronically in early April, but people are now able to use banknotes and coins.
Zimbabwe’s ZiG Wipes Out 330% Stocks Rally - Bloomberg
WEBApr 22, 2024 · Zimbabwe’s new currency has wiped out a gain of more than 330% on the stock market this year, leaving investors dealing with the fallout.
Zimbabwe’s ZiG currency falls over 40% on interbank market
WEB1 day ago · The Reserve Bank of Zimbabwe’s website gave the mid rate for ZiG as 24.3902 to the dollar on Friday versus 13.9987 on Thursday, making it a 42.6% fall, according to Reuters calculations.
Zimbabwe ZiG (ZWG/USD) - Bloomberg
WEB1 day ago · Zimbabwe sold its gold-backed currency to banks at 44% less than the prevailing rate against the dollar Friday, according to four treasury dealers, effectively devaluing the unit.