(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...

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 continued its recent rebound and hit its highest level against the US dollar since January this year.

(Bloomberg) -- Zimbabwe, in its latest bid to end the serial slide of the local dollar, has replaced it with a new unit called the ZiG backed by a basket of foreign currency and gold. Central Bank ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

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JOHANNESBURG (Reuters) - Zimbabwe's consumer inflation surged to 37.2% month on month in October in local currency terms, data showed on Friday, after a sharp devaluation in the southern African ...

HARARE, ZimbabweHARARE, Zimbabwe — Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a ...