Zimbabwe is said to have devalued its new gold-backed ZiG currency by 44% against the U.S. dollar, Bloomberg News reported on ...

Zimbabwe sold its gold-backed currency to banks at 44% less than the prevailing rate against the dollar Friday, according to ...

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

Was there ever a time you wished you could travel through time? Just cross the International Date Line (IDL), that’s how.

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

SA-owned retailers are among those saying the formal exchange rate for Zimbabwe Gold is bleeding them dry, and pushing up ...

The Reserve Bank of Zimbabwe (RBZ) today allowed the Zimbabwe Gold (ZiG) currency to fall by over 74% against the US dollar, ...

The ZiG, backed by the nation’s gold and hard-currency reserves, was adopted in early April, replacing the Zimbabwean dollar, ...

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

“Mono-currency or multi-currency, nothing works if the politics is not right and every policy measure has to be enforced by ...

Zimbabwe's gold-backed ZiG currency has depreciated by 44% against the U.S. dollar, moving from 14 to 25 per dollar. This significant devaluation was reported by Bloomberg News and confirmed by the ...

On April 5, the ZiG replaced the Zimbabwean dollar, which depreciated more than 80% against the dollar in 2024 and lost value ...