Local Currency That Challenged the US Dollar Fails, Dips 40%
Zimbabwe had recently launched a new currency named ZIG which was backed by gold. The gold-backed ZIG local currency was...
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New Gold-Backed Currency Gains Steam & Challenges the US Dollar
Inspired by the BRICS de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, early this year to take on...
Zimbabwe Gold: Know all about new gold-backed currency ZiG – Investing Abroad News
Zimbabwe has launched the world’s newest currency – the ZiG. The new gold-backed currency called the ZiG, or Zimbabwe Gold,...
Zimbabwe Gold: Know all about new gold-backed currency ZiG – Investing Abroad News
Zimbabwe has launched the world’s newest currency – the ZiG. The new gold-backed currency called the ZiG, or Zimbabwe Gold,...
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 and often outright rejection by the people. The ZiG was introduced electronically in early April, but people are now 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 troubles. The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to...
Zimbabwe’s gold-backed ZiG is the world’s newest currency
The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to stem inflation and...
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 and often outright rejection by the people. The ZiG was introduced electronically in early April, but people are now 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 troubles. The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to...
Posts falsely claim video shows crackdown by Zimbabwean police over new currency
Screenshot of the post in 2019The Movement for Democratic Change (MDC) Alliance, the main opposition party at the time, was...
Zimbabwe’s new currency suffers chaotic start
Zimbabwe's Reserve Bank has launched the ZiG (Zimbabwe Gold) currency in a bid to tackle a skyrocketing inflation (Jekesai NJIKIZANA)Zimbabwe's...
