HARARE, Zimbabwe (AP) — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG, ...

(Bloomberg) -- Zimbabwe’s central bank started circulating ZiG notes and coins among the public, a day after policymakers kept interest rates unchanged at their first meeting since unveiling the new ...

HARARE, Zimbabwe (AP) — After working as an overnight security guard at a church in Harare’s impoverished Mabvuku township, Jeffrey Carlos rushes home to help his wife fetch water to sell. Prolonged ...

The Reserve Bank of Zimbabwe (RBZ) has invited individuals and financial institutions to subscribe to RBZ GoldBacked Digital Tokens, its gold-backed digital tokens. The move comes as the country aims ...

WASHINGTON - Zimbabwe’s central bank has introduced gold backed digital token, which it says they are designed to expand the value-preservation instruments available in the economy, boost investment ...

HARARE, Zimbabwe (AP) — Zimbabwe will launch a digital currency next month by introducing “tokens” that are backed by gold reserves and can be transferred between people and businesses as a form of ...

Zimbabwe’s central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting May 8. The tokens will be sold at a ...

The gold coins that have been in circulation in Zimbabwe for almost three months are a missed chance to build the nation’s gold reserves, according to the International Monetary Fund. “The sale of ...

On Oct. 5, the gold-backed digital token called, Zimbabwe Gold (ZiG), officially launched as a payment method. The launch was announced by the Reserve Bank of Zimbabwe (RBZ). The RBZ introduced its ...

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 ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Zimbabwe has ...