The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, ...
Harare has imposed to surrender about one-third of foreign-currency receipts to its central bank to rebuild its foreign ...
HARARE (Reuters) - Zimbabwe’s new currency traded at 2.7 against the U.S. dollar on the interbank market on Thursday, its weakest level since the central bank last month removed a peg for its ...
The Reserve Bank of Zimbabwe (RBZ) unveiled its latest Monetary Policy Statement (MPS) last Friday in a climate of cautious optimism and deeply-contested economic realities. Industry advocacy ...
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews. Zimbabwe Gold (ZiG), the new currency that evolved from a gold ...
(Bloomberg) -- Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and phase out the use of US dollars. The government is ordered to ...
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