Zimbabwe has 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 population.

Zimbabwe plans to adopt the gold-backed ZiG as the sole currency by 2030, phasing out the multi-currency system through a ...

The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce newly designed ZWG notes, effectively phasing out the old ...

Zimbabwe's central bank is introducing a $500 million note -- the highest current denomination -- as the once-prosperous southern African nation battles against spiraling hyperinflation. Finance ...

The Reserve Bank of Zimbabwe (RBZ) has laid out an ambitious roadmap to phase out the multi-currency system by 2030 declaring ...

The Zimbabwe ZiG currency moved sideways this week, even as gold price surged to a record high and the central bank made ...

Zimbabwe’s new gold-backed currency, the ZiG, isn’t even a year old and is already suffering from the same lack of credibility that doomed its predecessors.

(Bloomberg) -- 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 ...

THE Reserve Bank of Zimbabwe (RBZ) has announced plans to engage mobile network operators to ensure parity in trading between ...

(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 ...

HARARE, Zimbabwe (CNN) -- Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.