reserve bank of zimbabwe

Zimbabwe’s ZiG currency, introduced in 2023 to replace the U.S. dollar, is faltering amid low liquidity, tight policy, and limited economic use

Zimbabwe’s foreign-currency reserves rose to $509 million as demand for the local currency, ZiG, surged, fueled by high interest rates and limited …

A Zimbabwean bank executive warns that RBZ’s tight monetary policies, aimed at exchange rate stability, are limiting productive lending and economic growth

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

The Zimbabwean government is working on adjusting civil servants’ salaries after the recent devaluation of the ZiG currency, aiming to stabilize incomes …

Zimbabwe’s recently introduced ZiG currency has faced rejection from supermarkets, vendors, and transport operators after a surprising 43% devaluation by the Reserve …

The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the interbank market to stabilize the ZWG, which has faced increasing …

Zimbabwe’s gold-backed digital currency, ZiG, now represents 40% of transactions, offering a more stable alternative in an economy plagued by inflation.

Zimbabwe’s central bank projects a 5% annual inflation rate by year-end with the introduction of a new currency, aiming to stabilize the …

In a significant turn of events, Zimbabwe’s innovative currency initiative, known as the ‘Zig,’ has played a pivotal role in curbing the …