This month, the Central Bank of Zimbabwe launched a new gold-based currency, the first gold-based currency from a government since Richard Nixon effectively ended the world gold standard system in ...

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 ...

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG, ...

HARARE, Zimbabwe — Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency. The unprecedented move was ...