The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors. Zimbabwe ...
HARARE, ZimbabweHARARE, Zimbabwe — 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 ...
(Bloomberg) -- Zimbabwe plans to extend a crackdown that’s targeting street currency traders to companies to ensure goods and services are priced using only the official exchange rate of the new ZiG ...
HARARE, Zimbabwe (AP) — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the ...
(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...
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Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit. It gained 0.2 ...
Zimbabwe’s bullion-backed currency is experiencing its longest run of losses against the dollar since it started trading on April 8. The ZiG, short for Zimbabwe Gold, fell for a ninth consecutive day ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Out with the ...