Zimbabwe will jeopardize the rare bout of economic stability the southern African nation is currently enjoying if it scraps ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

The Zimbabwe ZiG currency has done relatively well this year, helped by the ongoing gold price rally, weaker dollar, and Zim ...

HARARE, Zimbabwe (AP) — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the ...

The International Monetary Fund says Zimbabwe must provide more clarity on the implications on its plan to phase out domestic use of the US dollar by 2030, pointing out that the local currency, the ...

Harare, Zimbabwe – Kenias Mutsenha had long ceased using his Zimbabwean local currency bank account, abandoning it for one trading in US dollars, as many in the economically volatile country prefer ...

HARARE, Zimbabwe (AP) — Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a form of ...

(Bloomberg) -- Zimbabwe, in its latest bid to end the serial slide of the local dollar, has replaced it with a new unit called the ZiG backed by a basket of foreign currency and gold. Central Bank ...

(Bloomberg) -- Zimbabwe plans to keep its local currency as legal tender, even as the US dollar is now the unit of choice for most transactions in the economy. The extensive use of US dollars doesn’t ...

HARARE (Reuters) - Zimbabwe made its interim currency the country's sole legal tender on Monday, ending a decade of dollarisation and taking a another step towards relaunching the Zimbabwean dollar.