Zig | TRT Afrika

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Zimbabwe central bank keeps policy rate at 35%

Zimbabwe central bank keeps policy rate at 35%

Zimbabwe's central bank has said its Monetary Policy Committee (MPC) had met and decided to leave its policy rate unchanged at 35%.

Zimbabwe's ZiG currency faces challenging times

Zimbabwe's ZiG currency faces challenging times

Zimbabwe's new currency, the ZiG, is facing challenging times amid worrying depreciation against the US dollar.

Circulation of Zimbabwe's new currency ZiG starts

Circulation of Zimbabwe's new currency ZiG starts

Zimbabwe's new currency ZiG officially started circulating on Tuesday, April 30.

Zimbabwe top bank warns institutions questioning monetary policies

Zimbabwe top bank warns institutions questioning monetary policies

Zimbabwe’s currency rate has faced pressures from market speculation and negative inflation expectations.

What to know about Zimbabwe's new currency ZiG

What to know about Zimbabwe's new currency ZiG

The Zimbabwe Gold, shortened as ZiG, is replacing the Zimbabwean dollar, which has significantly plummeted in value against major foreign currencies.

Zimbabwe launches new currency

Zimbabwe launches new currency

The introduction of the new currency called ZiG comes as Zimbabwe seeks to tackle sky-high inflation and stabilise its struggling economy.