Zimbabwe’s central bank has launched a new “structured currency” backed by gold, as it seeks to tackle sky-high inflation and stabilise the country’s long-floundering economy.



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Zimbabwe introduces new currency as depreciation and rising inflation stoke economic turmoil

The ZiG is the country's latest attempt to stabilise the economy following years of crisis.

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United Kingdom

Zimbabwe launches new gold-backed currency

Zimbabwe has 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.

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Zimbabwe has 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

abc News

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HARARE, April 5 (Xinhua) -- Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation. Read full story

The Star Kuala Lumpur

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Malaysia

Zimbabwe unveils new gold-backed currency

O ZiG, abreviatura de Zimbabwe Gold, terá um valor inicial de 13,56 por dólar americano

Zimbábue lança moeda ‘lastreada ouro’ para substituir dólar em colapso

Globo

Roberto Irineu Marinho

Brazil

Zimbabwe throws out a gold-plated currency to replace a dollar that collapses.

BY FARAI MUTSAKA
Associated Press HARARE, Zimbabwe (AP) — Zimbabwe has 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. Authorities hope the new measure will halt a currency crisis underlining the country’s yearslong economic troubles. Reserve Bank of Zimbabwe Gov. John Mushayavanhu said Friday the new currency will be called ZiG, and w…

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Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.

News24

24.com

South Africa

Zimbabwe ditches Zim dollar for new gold-backed currency called ZiG

HARARE, Zimbabwe (AP) — 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 […]

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The new currency will be backed by reserves of foreign currency and precious metals mined in the country

TASS [🇷🇺-affiliated]

Government of Russia

Moscow

Russia

Zimbabwe replaces local dollar with new currency called Zimbabwe Gold (ZiG)

Zimbabwe says its new currency, called ZiG, will be anchored on gold reserves and a basket of foreign currencies.

The West Australian

Kerry Stokes

Australia

Zimbabwe introduces gold-backed currency amid inflation

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Zimbabwe introduces new gold-backed currency to tackle inflation

Zimbabwe introduces new gold-backed currency to tackle inflation

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