HARARE (Reuters) - On online auction site eBay, a 100 trillion Zimbabwean dollar note is a collector's item fetching up to $35, a small fortune compared with the 40 U.S. cents on offer from the ...
Zimbabwe has ordered people to use the ZiG. It's a new currency the government hopes will resolve more than two decades of economic turmoil. But at a market in Harare, vendors and customers say, in ...
(Adds EU, South African officials, court case) By Nelson Banya HARARE, Jan 16 (Reuters) - Zimbabwe's central bank will introduce a 100 trillion Zimbabwe dollar banknote, worth about $33 on the black ...
When President Robert Mugabe scrapped the Zimbabwe dollar in 2009, most of his people thought this meant the end of runaway money-printing and hyperinflation that had rendered the currency worthless.
(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...
HARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by the population.
HARARE, ZIMBABWE — Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus ...
Bowing to a request from the German government, a German company that has been supplying Zimbabwe’s embattled regime with bank note paper has stopped its deliveries, further increasing pressure on ...
The ZiG is Zimbabwe's latest currency — yet another attempt to unravel the economic catastrophes of the past decades. According to many there, it's every bit as baffling as its predecessors. Zimbabwe ...