The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce newly designed ZWG notes, effectively phasing out the old ...

The recently launched Zimbabwe ZiG continued its downward trend this month as concerns about the economy rose. The official USD to ZIG exchange rate started the month at 13.86 and has risen to 13. ...

THE Reserve Bank of Zimbabwe (RBZ) has announced plans to engage mobile network operators to ensure parity in trading between ...

HARARE, Zimbabwe — 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 population.

The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, ...

(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially ...

Zimbabwe's central bank has introduced a new gold-backed currency, ZiG, to combat high inflation. This is Zimbabwe's sixth attempt at a new currency since 2008. The African nation is aiming to ...

HARARE, Zimbabwe (CNN) -- Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.

Zimbabwe will launch a gold-backed digital "token" currency next month in a bid to stem the rapid and drastic devaluation of its dollar.

Currency turmoil on Zimbabwe’s parallel market over the past three weeks has been fueled by year-end demand and is “temporary,” the nation’s central bank governor said.

Zimbabwe has launched a new currency, which will be called ZiG and goes into effect on Monday, to replace its previous one that lost more than 70% of its value since January.