The Zimbabwe ZiG currency has done relatively well this year, helped by the ongoing gold price rally, weaker dollar, and Zim ...

Zimbabwe will jeopardize the rare bout of economic stability the southern African nation is currently enjoying if it scraps ...

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 strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...

The International Monetary Fund says Zimbabwe must provide more clarity on the implications on its plan to phase out domestic use of the US dollar by 2030, pointing out that the local currency, the ...

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 ...

Economic uncertainty drives desperate people, including those with disabilities, into illegal foreign currency trade.

The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors. Zimbabwe ...

JOHANNESBURG (Reuters) - Zimbabwe's consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in the southern African ...

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 ...

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