HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...

(Reuters) -Zimbabwe's annual inflation rate was at 85.7% in April in local currency terms, statistics agency data showed. Friday's release is the first time Zimstat has given a year-on-year local ...

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HARARE (Reuters) -Zimbabwe's annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the ...

Zimbabwe’s dollar has started the new year on the back foot, plunging more than 40% on the parallel market, as high demand for foreign-exchange continues to outstrip supply. A range of factors, ...

The new currency will be backed by reserves of foreign currency and precious metals mined in the country HARARE, April 5. /TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe Gold ...

HARARE, Feb 14 (Reuters) - The International Monetary Fund (IMF) on Wednesday encouraged Zimbabwe to speed up currency reforms at the end of a staff visit, saying authorities should move towards a ...

HARARE, Zimbabwe -- Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space -- an unorthodox night bazaar lit by ...

Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it seeks to deal with a currency rout. The monetary policy committee will meet “to discuss interventions to ...