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 ZiG currency
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President Ruto backs Zimbabwe’s new ZiG currency, lauds transformative economic policies aimed at boosting growth and sustainability.
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Vice-President Chiwenga threatens to close shops suspected of sabotaging Zimbabwe’s new ZiG currency, aiming to stabilize the economy and enforce compliance.
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Zimbabwe introduces ZiG, a new currency backed by gold, aiming to stabilize the economy, reduce US dollar reliance, and equalize the retail playing field.
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In a decisive move, Zimbabwe introduces the ZiG currency to replace the unstable Zimbabwe dollar, marking a significant step towards economic stability under RBZ’s new policies.