The Zimbabwe ZiG has become one of the worst-performing currencies this year as it lost over 100% of its value, five months ...
THE ZWG currency's woes seem to be far from easing as retailers are still insisting on a three-tier pricing system.
It's only been six months but it appears as if Zimbabwe's latest currency experiment is at risk of failure. Almost half the ...
Zimbabwe sought to assure citizens that its gold-backed currency would not suffer another steep devaluation and steps were ...
By bne IntelliNews Zimbabwean authorities are attempting to assure markets that the recent 43% devaluation of the local currency against the dollar was a “once-off” move and the fundamentals are in ...
“The country is facing exacerbated liquidity challenges. ZiG was intended to stabilise the local currency by providing a ...
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S&P Global Ratings predicts an increase in foreign-currency debt defaults among sovereign issuers over the next decade, driven by significantly higher debt levels and increased borrowing costs on hard ...
Spread This NewsBy Darlington Gatsi GOVERNMENT has remained adamant in its decision not to revert to the United States dollar ...