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Zimbabwe’s currency, the ZiG, continues to hold firm after its debut, the central bank in the country said. The currency stands at 13.31 per US dollar, according to data published on the Reserve ...
As gold prices skyrocket, the Reserve Bank of Zimbabwe (RBZ) has resumed issuing gold coins. It claims the move is to ...
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of ...
The US dollar is used as official currency in several countries besides the United States. Ecuador and Zimbabwe both switched to the US dollar after financial crises made their local currencies ...
The new currency will be backed by reserves of foreign currency and precious metals mined in the country HARARE, April 5. /TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe ...
At the time, the central bank devalued the local currency to curb parallel market activity ... the weighted index based on household expenditure shares in US dollar and ZiG. As Zimbabwe continues to ...
Zimbabwe has been struggling to stem a decline in the currency in the nation where the US dollar is the unit of choice. The central bank has been building gold reserves as well as acquiring other ...
Its rapid decline led locals to dump it for the US dollar, which is now used ... agencies have arrested street currency dealers in their droves. Zimbabwean President Emmerson Mnangagwa said ...
Zimbabwe’s currency, the ZiG, continues to hold firm after its debut, the central bank in the country said. The currency ...