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...
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Zimbabwe’s new gold-backed currency starts trading – World
HARARE -- Zimbabwe"s gold-backed currency started trading on Monday following the announcement of the new currency by the central bank...
Zimbabwe introduces new currency as depreciation and rising inflation stoke economic turmoil
HARARE, Zimbabwe (AP) — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months...
Zimbabwe Needs Predictable Policy to Support Currency, World Bank Says
HARARE (Reuters) - Zimbabwe needs to make its fiscal and monetary policy more predictable to instil confidence in its depreciating currency, a senior World Bank official said on Friday.It could make progress by moving away from the central bank's "quasi-fiscal operations", Victoria Kwakwa, the World Bank's Regional Vice President for Eastern and Southern Africa, told Reuters in an interview.She did not spell out what those operations were, but the International Monetary Fund said last month the central bank should reduce its non-core activities, which have included printing money and borrowing...
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