currency crisis

The World Bank emphasizes that Zimbabwe needs at least 12 months of economic stability to advance discussions on restructuring its $21 billion debt.

Zimbabwe introduces ZiG amidst controversy, facing legal and public backlash over its implementation and economic implications.

Zimbabwe’s currency sees unprecedented depreciation in the parallel market, causing alarm at the highest levels of financial governance.

Zimbabwe’s currency is in a state of flux, with citizens rushing to the safety of the US dollar as speculation mounts that…

Zimbabwe is facing a severe economic crisis as its currency, the Zimbabwean dollar, has lost almost 40 percent of its value against…

Zimbabwe is grappling with a currency crisis that has seen its local dollar lose more than a third of its value against…

Zimbabwe’s Currency Crisis Zimbabwe is facing a bleak economic outlook as it enters 2024, with a widening gap between the official and…

Zimbabwe’s central bank has decided to maintain its benchmark interest rate at 150% annually despite its soaring inflation and currency depreciation. The…

Zimbabwe’s central bank has decided to maintain its benchmark interest rate at 150% per annum despite its soaring inflation and currency depreciation.…

Finance and Investment Promotion Minister Mthuli Ncube has expressed bewilderment over the continued existence of a parallel foreign currency market in Zimbabwe…