He collects torn or soiled foreign currency notes that have been rejected by supermarkets and other traders - mostly US dollars or South African rand, which are both legal tender in Zimbabwe.
They join banknotes in our collection printed during a period of hyperinflation in Germany after the end of the First World War. Around that time, a loaf of bread cost approximately 428 billion ...
Zimbabwe has introduced a new gold-backed currency ... and most people are likely to continue to prefer this. The new ZiG banknotes come in denominations of between 1 and 200.
New banknotes will start circulating in the economy from April 30, and the central bank will go on a publicity drive to raise ...
Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is ...
Aligned to elementary social studies learning standards, Really BIG Money teaches children about world cultures and supports the development of financial literacy.
John Mushayavanhu, the governor or the Reserve Bank of Zimbabwe, displays new banknotes of the country's currency to reporters, in Harare, April 5, 2024. InFocus Business ...
The ongoing easing of monetary policies by global central banks is expected to benefit Zimbabwe's economy through reduced ...
The move was aimed at fostering “simplicity, certainty, (and) predictability” in Zimbabwe’s financial affairs, he added, ...
Zimbabwe’s foreign-currency reserves have risen to $509 million as companies liquidate their foreign-currency positions, ...
The World Bank’s lending program in Zimbabwe is inactive due to arrears and the role is now limited to technical assistance and analytical work through Trust Funds. There are strong foundations for ...
Zimbabwe’s ruling party passed a resolution to adopt the bullion-backed ZiG currency as the country’s sole legal tender and ...