The Zimbabwe ZiG continued its recent rebound and hit its highest level against the US dollar since January this year.

(Bloomberg) -- Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its beleaguered currency. The latest proposals will be in a monetary policy ...

Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it seeks to deal with a currency rout. The monetary policy committee will meet “to discuss interventions to ...

(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...

Zimbabwe liberalized its foreign-exchange market and raised interest rates, among a new raft of measures aimed at stabilizing the nation’s currency and reining in resurgent inflation. The central bank ...

HARARE (Reuters) - Zimbabwe is working on new measures to stabilize its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister ...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...

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 Gold ...

As people struggle to access Zimbabwe’s newest currency, the ZiG (Zimbabwe Gold), illegal money changers across the country are emerging, offering higher rates of exchange for those in desperate need ...

HARARE, Zimbabwe -- Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space -- an unorthodox night bazaar lit by ...

President Mnangagwa has blamed recent local currency devaluation on businesses taking advantage of cheap foreign currency and sabotaging the government’s reputation in the run up to the elections. In ...

HARARE, Zimbabwe (AP) — Batsirai Pabwe picked detergents, toothpaste, snacks and some pasta among several grocery items spread on the tarmac of a car parking space — an unorthodox night bazaar lit by ...