Zimbabwe currency

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

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

A regional trade union has petitioned Zimbabwe’s Finance Minister over the unilateral devaluation of the Zimbabwe dollar, urging immediate dialogue to address the economic impact.

President Mnangagwa commits mining royalties to support Zimbabwe’s currency and warns against parallel market activities amid ongoing economic reforms.

The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the interbank market to stabilize the ZWG, which has faced increasing pressure from widening gaps between official and parallel market exchange rates.

Zimbabwe’s RBZ delays introducing ZiG50 and ZiG200 notes to prevent inflation, aiming for economic stability but facing challenges with currency shortages.

Zimbabwe’s central bank targets global markets by applying for an ISO code for its Zimbabwe Gold (ZiG) currency, enhancing its international financial standing.

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

RBZ clamps down on supermarkets overcharging with unofficial exchange rates to stabilize ZiG currency and boost Zimbabwe’s economy.

Zimbabwe’s new ZiG currency rolls out, meeting immediate high demand and mixed reactions as banks struggle to keep up.