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Zimbabwe returns to gold standard in battle to kill off hyperinflation
The Telegraph via Yahoo Finance· 1 month agoReserve Bank of Zimbabwe governor John Mushayavanhu said the move was designed to ensure that the...
Zimbabwe Lets Currency Free-Fall While It Weighs Gold Standard
Bloomberg via Yahoo News· 2 months ago(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency...
Zimbabwe is bringing in a gold-backed digital currency with its own dollar ravaged by inflation
Business Insider via Yahoo Finance· 1 year agoPeople queueing to withdraw money from a bank in Zimbabwe in November 2019.Philimon Bulawayo/Reuters...
Zimbabwe's gold-backed digital token runs into political headwinds
Semafor via Yahoo News· 12 months agoZimbabwe launched gold-backed virtual coins as a central bank digital currency (CBDC) on Monday in...
Zimbabwe debuts gold coins as legal tender to stem inflation
Associated Press via Yahoo News· 2 years agoZimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that...
Is Zimbabwe zigzagging into further currency chaos?
BBC via Yahoo Finance· 2 days ago[Farai Sevenzo] Sylvia Dhliwayo, an expert at scaling the hurdles of Zimbabwe’s crisis-ridden economy and negotiating the many currencies at play, is...
Zimbabwe's central bank reforms seen as unsustainable as president readies for election
Semafor via Yahoo News· 9 months agoThe News HARARE, Zimbabwe — Zimbabwean President Emerson Mnangagwa is whittling down the powers of...
Zimbabwe is launching a local digital currency alternative to the US dollar
Quartz via Yahoo Finance· 1 year agoZimbabwe is introducing local digital tokens in the hope of reducing reliance on the US dollar....
Hyperinflation Spurs Zimbabwe to Halt Payments to Contractors
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Zimbabwe has suspended payments to government contractors as part of efforts to halt...
Zimbabwe's ZiG is the world's newest currency and its latest attempt to resolve a money crisis
Associated Press Finance via Yahoo Finance· 7 days agoZimbabwe on Tuesday started circulating a new currency to replace one that has been battered by...