Zimbabwe’s central bank will hold its first rate-setting meeting of the year next Monday as it seeks to deal with a currency rout. The monetary policy committee will meet “to discuss interventions to ...

Zimbabwe liberalized its foreign-exchange market and raised interest rates, among a new raft of measures aimed at stabilizing the nation’s currency and reining in resurgent inflation. The central bank ...

(Bloomberg) -- Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its beleaguered currency. The latest proposals will be in a monetary policy ...

(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...

The new currency will be backed by reserves of foreign currency and precious metals mined in the country HARARE, April 5. /TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe Gold ...

HARARE, Sept 27 (Reuters) - Zimbabwe's central bank allowed the local gold-backed currency to fall over 40% against the dollar on Friday and hiked its policy rate, giving in to weeks of sustained ...

HARARE (Reuters) - Zimbabwe is working on new measures to stabilize its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister ...

Zimbabwe aims to establish a robust foreign-exchange buffer, enabling the transition to a single national currency and the eventual phase-out of the widespread use of US dollars. ・Zimbabwe plans to ...

This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008. The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, ...

As people struggle to access Zimbabwe’s newest currency, the ZiG (Zimbabwe Gold), illegal money changers across the country are emerging, offering higher rates of exchange for those in desperate need ...

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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...