Zimbabwe remains committed to curbing inflation, but plans to shift the emphasis of monetary policy to place more emphasis on managing the money supply, the central bank said.

HARARE (Reuters) -Zimbabwe's annual inflation rate could halve from current levels by the end of 2025, driven by a stable local currency supported by high gold prices, according to a report by the ...

When Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG) launched on 5 April, it was marketed as a catch-all solution to Zimbabwe’s currency woes. But the latest recalibration of the country’s ...

(Reuters) -Zimbabwe's annual inflation rate was at 85.7% in April in local currency terms, statistics agency data showed. Friday's release is the first time Zimstat has given a year-on-year local ...

(Bloomberg) -- Zimbabwe’s sixth attempt in 15 years to establish a national currency is already running into trouble. The ZiG, short for Zimbabwe Gold, was launched in April to replace the crumbling ...

Zimbabwe’s gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors. Short for Zimbabwe Gold, the ZiG replaced the Zimbabwean dollar in April ...

The Zimbabwe ZiG currency has moved sideways this year as it outperformed many of its peer currencies. Data provided by the central bank shows that the exchange was trading at 26.7 today, August 19, ...