Zimbabwe's central bank has launched gold coins in an effort to help curb soaring inflation amid a slump in the country's currency. The central bank's main interest rate was more than doubled this ...
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 ...
The ZiG comes in eight denominations, including coins, with the highest being the 200 ZiG note. The notes feature a drawing of gold blocks being minted and Zimbabwe’s Balancing Rocks ...
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 ...
What is the outlook of the Zimbabwe ZiG after the currency stabilized a bit in November this year? We explain whether these ...
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 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 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 ...