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 ...

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

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

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ...

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

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 ...

The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has called on Finance Minister Mthuli Ncube and the government to ...

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