Zimbabwe remains committed to curbing inflation, but plans to shift the emphasis of monetary policy to place more emphasis on ...

Zimbabwe will continue to make strategic mineral purchases in 2026 in order to build its foreign currency reserves, as it ...

(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...

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The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year.

(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 ...

HARARE (Reuters) -Zimbabwe's annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the ...

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 ...

Bloomberg Gold’s rally and a buildup in foreign-exchange reserves have helped Zimbabwe’s bullion-backed currency pare most of ...

Zimbabwe’s gold-backed digital token is not going to stabilize the country’s local currency as the central bank hopes, two economists told CoinDesk. On May 8, the Reserve Bank of Zimbabwe issued ...

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.

Until February 20 th, Zimbabwe produced a quasi-currency. It was dubbed a “Zollar.” On the 20 th, the quasi-currency became Zimbabwe’s official currency. This new currency is called RTGS dollars and ...