Gold-Backed Currency

Zimbabwe’s gold backed currency ZiG shows its first gain in two weeks as tighter monetary policy bites.

Zimbabwe’s ZWG currency faces ongoing challenges as retailers enforce a three-tier pricing system, weakening efforts to stabilize the local economy.

Zimbabwe ditches its inflation-prone currency for a new gold-backed one, the ZWG, which receives ISO certification for international recognition.

Zimbabwe introduces its new gold-backed currency, ZiG, transitioning the national budget to stabilize the economy and restore monetary confidence.

Zimbabwean President Emmerson Mnangagwa has defended the recent launch of the ZiG, the country’s new gold-backed currency. The move comes amidst public…

Zimbabwe’s ZiG currency gains momentum despite banking sector hurdles.

Zimbabwe’s gamble on a new gold-backed currency, the ZiG, has yielded mixed results in its first two days. While the ZiG showed…