The Zimbabwe ZiG, a currency launched in April, has imploded, raising fears of sticky inflation and more US dollar demand.
Spread This NewsBy Gilbert Muponda The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 ...
These individuals, who manipulate the ZiG, should be seen for what they truly are: economic hitmen, akin to the destructive ...
The latest approach to the ZiG currency supposedly backed by physical gold – which hit an all-time high price last week – has ...
Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...
By bne IntelliNews Some Zimbabwean supermarkets, street vendors, transport operators and tuckshops are no longer accepting payment in the local currency, citing confusion that has followed its 43% ...
Zimbabwe’s bankers on Tuesday warned the central bank about the impact of any future shocks to the local currency to avoid ...
Research shows that people who can quickly disregard the zig-zagging lines and find the hidden image have higher than average ...
In conclusion, the introduction of the ZiG was a classic example of hubris overriding national interest. By rushing to ...
Recent findings by an anonymous economist suggest that the Reserve Bank of Zimbabwe's (RBZ) monetary policy may not be the ...
GET MORE AI-GENERATED SIGNALS: September 23, 2024, 10:30 am ET, BY William C.- Contributor| Editor: Thomas H. Kee Jr. ( ...
Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its ...