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Professor Steve Hanke has ranked Zimbabwe’s ZiG currency as the second worst in the world, having lost 50% of its value against the US dollar due to inflation. The currency, …
Hanke Ranks Zimbabwe’s ZiG Currency Second Worst Globally Read More
The Reserve Bank of Zimbabwe is optimistic about the gold-backed ZiG currency as an alternative to the US dollar, emphasizing its stability and market acceptance. The currency, introduced in April …
Zimbabwe’s Central Bank Confident in Gold-Backed ZiG Currency Read More
The Reserve Bank of Zimbabwe is optimistic about the stability of the gold-backed ZiG currency, citing strong monetary policies. Governor Mushayavanhu discussed the need for a shift from the US …
Zimbabwe Central Bank Optimistic About Long-Term Stability of ZiG Currency Read More
John Mushayavanhu, the central bank governor of Zimbabwe, asserts there is no foreign exchange crisis, citing interventions and market demand levels. The total forex offered was $20 million, but only …
Reassurance from Zimbabwe’s Central Bank Amid Currency Concerns Read More
Zimbabwe’s central bank reports adequate forex reserves despite market concerns. Governor John Mushayavanhu mentioned a market intervention where $20 million in forex was offered, but only $15 million was purchased. …
Zimbabwe’s Forex Stability Underlined by Central Bank Amid Demand for ZiG Read More
Zimbabwe’s monthly consumer inflation fell to 0.5% in February 2025, down from 10.5% in January. Price growth has declined for food and non-food items. The central bank maintained the interest …
Zimbabwe Monthly Inflation Declines Significantly in February 2025 Read More