A woman shows the new Zimbabwean bank coins called the ZiG, in the streets of Harare, Zimbabwe, Tuesday, April 30, 2024. Zimbabwe started circulating banknotes and coins for another new currency ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG ...

Zimbabwe’s central bank is again issuing gold coins it scrapped ten months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG. Minting of the so ...

After dabbling in literal gold coins and centrally issued digital variants, Zimbabwe’s central bank is saying the ZiG is a chance for a “solid and stable” national currency.

Zimbabwe’s central bank started circulating ZiG notes and coins among the public, a day after policymakers kept interest rates unchanged at their first meeting since unveiling the new currency.

On Oct. 5, the gold-backed digital token called, Zimbabwe Gold (ZiG), officially launched as a payment method. The launch was announced by the Reserve Bank of Zimbabwe (RBZ).

Zimbabwe is holding gold coins valued at $501,390 as its only reserves, enough to buy only 1,400 tonnes of maize, the finance minister said on Wednesday, highlighting the parlous state of the ...

Since it was launched electronically on April 5, the ZiG - short for Zimbabwe Gold and backed by the country’s gold reserves - appears to be heading down the same path of mistrust, with some ...

The ZiG is the sixth currency Zimbabwe has used since the spectacular 2009 collapse of the Zimbabwe dollar amid hyperinflation of 5 billion percent, one of the world’s worst currency crashes to ...

Zimbabwe started circulating banknotes and coins for another new currency Tuesday in its latest attempt to solve a long-running and at times baffling monetary crisis that has seen the government ...