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

Spread This NewsBy Gilbert Muponda The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 ...

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

The latest approach to the ZiG currency supposedly backed by physical gold – which hit an all-time high price last week – has ...

Research shows that people who can quickly disregard the zig-zagging lines and find the hidden image have higher than average ...

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

The introduction of the Zimbabwe Gold Currency (ZiG) sought to symbolise a shift towards economic sovereignty, self-reliance and stability.

The Zimbabwe National Students Union (Zinasu) has voiced its concerns over the rapid devaluation of the local currency, ...

In conclusion, the introduction of the ZiG was a classic example of hubris overriding national interest. By rushing to ...

Zimbabwe's new currency, the ZiG, has experienced a depreciation of over 40% after the country's central bank made recent adjustments ...

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

GET MORE AI-GENERATED SIGNALS: September 23, 2024, 10:30 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. ( ...