The strain on the ZiG has intensified in the aftermath of the devaluation. It has weakened even further to more than 26 ZiG ...

The Zimbabwe ZiG currency has remained under intense pressure in the past few months as the central bank’s experiment fails.

The newest country in the world has imploded, less than six months after it was launched. The USD to ZiG exchange rate has ...

Zimbabwe’s central bank devalued the country’s ZIG currency a few weeks after some large retailers threatened to shut down ...

The Zimbabwe ZiG has become one of the worst-performing currencies this year as it lost over 100% of its value, five months ...

Zimbabwe’s new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling ...

Since its introduction, the ZiG has eased Zimbabwe’s inflationary pressures, performed significantly better against the ...

In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in ...

Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were ...

Spread This NewsBloomberg Zimbabwe won’t allow the street rate of the ZiG to determine where its official rate should be as ...

Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling ...

(Bloomberg) -- Zimbabwe’s new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara ...