Five months after its launch, Zimbabwe's new currency is under pressure as increased grain imports eat away at foreign ...
Five months after its launch, Zimbabwe's gold-backed currency, the ZiG, is facing significant challenges. Introduced in April ...
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Pressure on Zimbabwe's new ZIG currency forces central bank to release $64mn into money marketBy bne IntelliNews The Reserve Bank of Zimbabwe (RBZ) has, since September 1, injected $64mn into the currency market amid increased demand for the greenback which has piled pressure on the Zimbabwe ...
The Zimbabwe Stock Exchange’s All Share Index, which trades exclusively in local currency, has risen 28% since August 28, ...
Economists say the introduction of the new currency has not solved Zimbabwe’s old exchange rate problems, which are getting ...
The recently launched Zimbabwe ZiG continued its downward trend this month as concerns about the economy rose. The official ...
Zimbabwe's new gold-backed currency, the ZiG, faces significant challenges after losing almost 80% of its value on the black ...
Zimbabwe’s bullion-backed currency is experiencing its longest run of losses against the dollar since it started trading on ...
The Reserve Bank of Zimbabwe (RBZ) says it injected US$64 million into the Interbank Market in September in a bid to save the ...
Zimbabwe's new currency, ZiG, faces devaluation and skepticism five months after its launch. Despite government efforts and ...
Five months after its launch, Zimbabwe's new currency is under pressure as increased grain imports eat away at foreign ...
Spread This NewsBy Bloomberg THE ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 ...
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