Analysis - The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar.

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved an adjustment to Zimbabwe Gold (ZiG) ...

The Zimbabwe ZiG currency has remained under intense pressure in the past few months as the central bank’s experiment fails.

The newest country in the world has imploded, less than six months after it was launched. The USD to ZiG exchange rate has ...

The Zimbabwean government's efforts to promote the use of its local currency, the Zimbabwe Gold (ZiG), have been marred by a ...

Zimbabwe’s new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling ...

Zimbabwe’s central bank devalued the country’s ZIG currency a few weeks after some large retailers threatened to shut down ...

Since its introduction, the ZiG has eased Zimbabwe’s inflationary pressures, performed significantly better against the ...

In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in ...

Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were ...

Spread This NewsBloomberg Zimbabwe won’t allow the street rate of the ZiG to determine where its official rate should be as ...

Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling ...