In April, Zimbabwe introduced a gold-backed currency in an effort to stabilize the country’s financial system. Less than six ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ...

However, rising geopolitical tensions and a continued strengthening of the dollar have led some experts to suggest a double ...

Zimbabwe’s gold-backed currency, which was devalued by 43% by the central bank on Sept. 27, remained under pressure on Monday ...

By Ernestina MENSAH The Bank of Ghana (BoG) is introducing the Ghana Gold Coin, an innovative initiative aimed at providing Ghanaians with a secure investment option backed by locally mined Gold. The ...

Zimbabwe's central bank has devalued its gold-backed currency, the Zig, by over 40% against the US dollar, raising concerns ...

Gold (XAU/USD) exchanges hands in the $2,620s on Tuesday as the yellow metal reaches the floor of its familiar $50 range of ...

Six months after its introduction, Zimbabwe’s new currency, the ZiG, is on its deathbed and authorities abruptly devalued it ...

Zimbabwe said the steep devaluation of its gold-backed currency last month has triggered shortages of bread, sugar and other ...

On April 5, the ZiG replaced the Zimbabwean dollar, which depreciated more than 80% against the dollar in 2024 and lost value ...

An economist says the drop is an adjustment toward the ZiG's real value and a reflection of the actual state of Zimbabwe’s ...

Gold prices were trading in a tight range on Thursday as traders remained on the sidelines ahead of a key U.S. economic data ...