Zimbabwe's President Emmerson Mnangagwa on Wednesday vowed to implement corrective measures to protect people's incomes after ...

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 ...

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

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

In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six ...

The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand.

In Zimbabwe, the new currency, Zimbabwe Gold (ZiG), introduced half a year ago, has experienced a significant devaluation of ...

FINANCE minister Mthuli Ncube said last week's devaluation of the ZiG currency by almost 44% was a result of a new policy by the Central Bank and measures were being drafted to compensate those ...

Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

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