Zimbabwe won’t print additional ZiG notes unless it has the reserves to back the new currency, as that could cause it to tank, central bank Governor John Mushayavanhu said. “We are not going to ...
HARARE (Reuters) - Zimbabwe's central bank said on Wednesday it would increase the circulation of its new "bond notes", hailing the new currency's launch a success as it maintained its 1:1 peg to the ...
(Bloomberg) -- Zimbabwe won’t print additional ZiG notes unless it has the reserves to back the new currency, as that could cause it to tank, central bank Governor John Mushayavanhu said. “We are not ...
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 currency. The ...
HARARE, Sept 15 (Reuters) - Zimbabwe will introduce local bank notes, known as "bond notes", at the end of October, the central bank governor said on Thursday, raising fears of a return to a domestic ...
HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.
HARARE, ZIMBABWE — Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus ...
HARARE, Zimbabwe (AP) — A bank official says cash-strapped Zimbabwe soon will begin using notes issued by its own reserve bank for the first time since 2009. Reserve Bank of Zimbabwe governor John ...
HARARE (Reuters) - Zimbabwe’s decision to scrap a peg between its quasi-currency bond notes and the U.S. dollar brings a welcome end to a failing monetary policy, but it is not the solution to a ...
HARARE, Zimbabwe (AP) — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the ...