Zimbabwe’s central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency. The "Mosi-oa-tunya ...
Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says. Sky-rocketing inflation saw people rushing to cash in their Zimbabwean dollars for ...
HARARE, Jan. 17 (Xinhua) -- The price of Zimbabwe's biggest denomination of the gold coin, launched in July last year, has risen 10.36 percent to 2,012.85 U.S. dollars, according to trading data ...
Zimbabwe has introduced a new gold-backed currency called ZiG - the ... The new ZiG banknotes come in denominations of between 1 and 200. Coins will also be introduced to overcome the shortage ...
Zimbabwe will begin to sell gold coins later this month to rein in hyperinflation as the local currency dramatically loses value. The governor of Zimbabwe's central bank said Monday that the coins ...
The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ... denominations of between 1 and 200. Coins will also be introduced to overcome ...
The ZiG – short for Zimbabwe Gold – officially started trading on Monday, just days after the country's central bank announced it would replace the Zimbabwean dollar, which has tumbled in ...
Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...
Zimbabwe has rolled out a new national currency called Zimbabwe Gold (ZiG), a TASS correspondent ... "This currency will be issued in the form of notes and coins. All reserves of the Zimbabwean ...
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said. The ZiG, short for Zimbabwe Gold ...