US EditionZimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
- Zimbabwe has introduced a new currency, ZiG, to address a currency crisis, facing resistance from government departments, reflecting economic instability.
- ZiG, launched electronically, now includes banknotes and coins in circulation, following previous failed attempts with a bond note and digital currency.
- The introduction of ZiG signifies ongoing struggles with the Zimbabwean currency crisis, highlighting persistent economic challenges in the country.
12 Articles
12 Articles
Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
By FARAI MUTSAKA Associated Press HARARE, Zimbabwe (AP) — Zimbabwe has started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The ZiG was introduced electronically in early April, but as of Tuesday, people are able to use banknotes and coins. It’s the southern African country’s latest attempt to halt a long-running currency crisis underlining its persistent economic tr…
Zimbabwe: The Promising Horizon of Zimbabwe's Gold-Backed Currency
[The Herald] Zimbabwe has taken a bold step forward with the introduction of its new gold-backed currency, the Zimbabwe Gold (ZiG). This move, underpinned by significant local, regional and international advice, including from the International Monetary Fund, has sparked a wave of optimism among both consumers and businesses about the country's economic prospects.
Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation […]
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