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

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

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

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

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

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

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

Zimbabwe sold its gold-backed currency to banks at 44% less than the prevailing rate against the dollar Friday, according to ...

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

Zimbabwe's gold-backed ZiG currency has depreciated by 44% against the U.S. dollar, moving from 14 to 25 per dollar. This significant devaluation was reported by Bloomberg News and confirmed by the ...

The newest country in the world has imploded, less than six months after it was launched. The USD to ZiG exchange rate has ...