(Bloomberg) -- Zimbabwe’s new gold-backed currency, the ZiG, isn’t even a year old and is already suffering from the same ...

Zimbabwe's central bank has introduced a new gold-backed currency, ZiG, to combat high inflation. This is Zimbabwe's sixth attempt at a new currency since 2008. The African nation is aiming to phase ...

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 ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

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 ...

The Zimbabwean ZiG currency has remained in a tight range this week as investors reacted to the new announcement by the ...

Zimbabwe’s central bank on Friday said its beleaguered local dollar will be replaced by new currency backed by gold, other precious metals and foreign currencies. Zimbabwe Gold, or ZiG, will “foster ...

(Bloomberg) -- Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its beleaguered currency. The latest proposals will be in a monetary policy ...

Zimbabwe is expected to launch a new currency at its monetary policy meeting on Friday, which will be backed by its gold reserves, as part of its government's efforts to mitigate the effects of the ...

(Bloomberg) -- John Mushayavanhu, Zimbabwe’s new central bank governor, has a gargantuan task ahead of him: restore credibility to an institution better known for printing 100 trillion dollar bills ...

This is an archived article and the information in the article may be outdated.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 ...