HARARE, Zimbabwe (CNN)-- Zimbabwe's central bank says it will soon introduce a 100 trillion dollar note as the once prosperous country battles to keep pace with hyperinflation that has caused many ...
HARARE, Zimbabwe (CNN)-- Zimbabwe's central bank is introducing a $500 million note -- the highest current denomination -- as the once-prosperous southern African nation battles against spiraling ...
ZIMBABWE issued its own currency for the first time since 2009 yesterday in a bid to ease shortages of the US dollar. Banks started issuing the new currency, termed bond notes, with their value pegged ...
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Editor’s Note: Zimbabwe's currency charade - new notes, same problemsThis week, Zimbabwe introduced the ZiG, its latest attempt to tame inflation through a new currency. While a fresh start might seem appealing, history offers a cautionary tale: Simply printing new ...
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Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollarInflation-hit Zimbabwe has a new currency — again. Last week, the country's central bank introduced a new gold-backed currency called Zimbabwe Gold, or ZiG, in an attempt to tame price gains ...
The government has warned that it may scrap the United States dollar for local transactions without notice in a bid to ...
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