Tag
ZIG
Zimbabwe's new currency, the ZiG, has experienced a depreciation of over 40% after the country's central bank made...
Zimbabwe to Fine Businesses Not Using New Gold-Backed Currency as government seeks to protect value of new currency.
Local traders in Zimbabwe stop accepting failing Zimdollars in anticipation of the new gold backed currency
Zimbabwe has announced the launch of a new currency, as the country has effectively given up in its effort to salvage the Zimbabwean Dollar. The new currency which will be called ZiG is set to be introduced on April 8, 2024, with an initial exchange rate set at 13.56 per dollar.