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Professor Steve Hanke has ranked Zimbabwe’s ZiG as the second worst currency globally, losing 50% of its value against the US dollar in 10 months. The depreciation is attributed to …
Zimbabwe’s ZiG Currency Ranked Second Worst in the World by Economist Steve Hanke Read More
The Reserve Bank of Zimbabwe is optimistic about the ZiG currency, introduced to stabilize the economy and reduce reliance on the US dollar. RBZ has implemented strict monetary policies to …
Zimbabwe Central Bank Optimistic About Gold-Backed ZiG Currency Read More
The Reserve Bank of Zimbabwe is optimistic about the potential of the gold-backed Zimbabwe Gold (ZiG) currency, emphasizing its competitive stance against major currencies like the US dollar. RBZ Governor …
Reserve Bank of Zimbabwe Optimistic About the Long-Term Stability of ZiG Currency Read More
Zimbabwe’s central bank governor affirmed the country does not have a forex crisis, citing sufficient reserves. Recent market interventions showed demand for foreign currency. Businesses have requested a free-floating of …
Assessment of Zimbabwe’s Currency Situation and the Future of ZiG Read More
Governor John Mushayavanhu of Zimbabwe’s Central Bank assured the public that there is no foreign exchange crisis. Recent market interventions revealed sufficient currency reserves, with only $15 million utilized from …
Zimbabwe’s Central Bank Affirms Currency Stability Amid Economic Calls Read More
In February 2025, Zimbabwe’s monthly consumer inflation decreased to 0.5%, down from 10.5% in January. Price growth for food and non-food items also slowed significantly. The central bank upheld its …
Zimbabwe Monthly Inflation Decreases to 0.5% in February 2025 Read More