Zimbabwe's gold-backed ZiG currency fell more than 40% against the U.S. dollar on the interbank market from Thursday to ...

Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid ...

An economist says the drop is an adjustment toward the ZiG's real value and a reflection of the actual state of Zimbabwe’s ...

Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ...

As Zimbabwe’s ZiG currency struggles to gain public trust, illegal money changers thrive, driving inflation and highlighting ...

The Reserve Bank of Zimbabwe (RBZ) today allowed the Zimbabwe Gold (ZiG) currency to fall by over 74% against the US dollar, ...

On Friday, Bulawayo's Mayor, David Coltart, took to Twitter to express his concern over the sudden devaluation of Zimbabwe's ...

Spread This NewsBy Anna Chibamu CITIZENS Coalition for Change (CCC) Senator Cecil Zvidzai has pleaded with Zimbabwean to be ...

On April 5, the ZiG replaced the Zimbabwean dollar, which depreciated more than 80% against the dollar in 2024 and lost value ...

The ZiG, backed by the nation’s gold and hard-currency reserves, was adopted in early April, replacing the Zimbabwean dollar, ...