Finance

ZiG currency surges in first week of trading amid market skepticism

By Xinhua HARARE: Zimbabwe’s newly launched gold-backed currency, known as the Zimbabwe Gold (ZiG), has hit the ground running, gaining
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Zimbabwe’s new ZiG currency strengthens on second day of trading

By Bloomberg Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide
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ZiG enters gangster economy amid roaring inflation – what could go wrong?

By Ed Stoddard I Daily Maverick Take a failed mafia state, a gangster economy and roaring inflation, and attempt to
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ZiG money officially debuts in Zimbabwe’s sixth effort at a revamped currency

By Bloomberg News Stock exchange rebases share prices to new currency, says ceo Parallel market cut off as banks, mobile
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ZIG ZAG: Central bank says new ZiG notes only available by April 30 amid banking

By Business Reporter THE Reserve Bank of Zimbabwe (RBZ) issued a statement late Saturday saying the ZiG notes and coins
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Banking chaos over new currency; ZimSwitch, EcoCash services unavailable

By Bloomberg News HARARE: Banking was disrupted across Zimbabwe as lenders rushed to convert all Zimbabwe dollar account balances to
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Zimbabwe launches gold-backed new ZiG currency to replace battered local dollar

By Associated Press HARARE: Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has
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Zimbabwe dollar down 73% this year; second worst performing currency after Lebanese pound

By Bloomberg News Zimbabwe’s currency plunged to yet another record low as citizens rushed to the safety of the US
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Zimbabwe’s annual inflation rises to 47.6pc in March

By Xinhua HARARE: Zimbabwe’s annual inflation rose to a seven-month peak of 55.3 percent in March from 47.6 percent in
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Zimbabwe to keep local dollar despite losses, revamp plans, Ncube says

By Bloomberg News Zimbabwe plans to keep its local dollar, a currency that has lost value every single trading day
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