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ZIMBABWE has huge potential to maintain the prevailing strength and stability of its local currency anchored by the sustained ...
By bna South Africa bureau Zimbabwe has officially eliminated exchange rate controls that authorities used for decades to ...
ZIMBABWE has made huge strides towards durable ZiG price stability, the Confederation of Zimbabwe Industries (CZI) has said, ...
The Zimbabwe ZiG exchange rate has stabilized in the past few months as the country’s economy recovers. According to the central bank, the USD/ZWG traded at 26.10 on Monday, down from 28.68 on ...
Find out what the future holds for the Zimbabwe ZiG currency after stabilzing this year and as the economic growth continues.
HARARE (Reuters) - Top Zimbabwean retailers have warned of potential store closures if the government insists on the use of an official exchange rate they deem overvalued and damaging their ...
The latest adjustment came after renewed pressure on the exchange rate in recent weeks, as reflected in the widening parallel market rates, which now exceed 30 Zimbabwe Gold (ZiG) per U.S. dollar.
A retail shop in Harare, Zimbabwe, displays the new exchange rate of 25 ZiG to 1 U.S. dollar, the currency's lowest value since it was introduced in April.
People in Zimbabwe are shunning traditional grocery stores to do their shopping at informal and illegal markets that pop up at night to avoid police raids.
According to Zimbabwe’s Treasury, introduction of the new currency in April has anchored the exchange rate and price stability with blended month-on-month inflation decelerating to -0.1% as of ...
Rbz says ZiG will replace USD for all local transactions as single currency, including fuel and passport payments, as ...
People in Zimbabwe are shunning traditional grocery stores to do their shopping at informal and illegal markets that pop up at night to avoid police raids.