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 ...

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

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