Gold-backed currency

Zimbabwe Limits USD Outflows for Departing Residents to $2,000

The Reserve Bank of Zimbabwe (RBZ) has imposed a new limit on the amount… More…

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Zimbabwe Devalues Gold-Backed Currency by 44%

The Reserve Bank of Zimbabwe (RBZ) has devalued the Zimbabwe Gold… More…

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Zimbabwe’s Central Bank to Shield Gold-Backed Currency From Market Volatility

Zimbabwe’s central bank governor, John Mushayavanhu, has… More…

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Experts Question Ghana VP’s Gold-Backed Currency Pledge

A Ghanaian banking consultant, Richmond Atuahene, has expressed… More…

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Zimbabwe’s Gold-Backed Currency Sees Gains, but US Dollar Remains Dominant

Zimbabwe’s gold-backed currency, the ZIG, has seen a significant… More…

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IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’

The International Monetary Fund (IMF) has stated that Zimbabwe’s… More…

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Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

The Reserve Bank of Zimbabwe has introduced a foreign exchange and… More…

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Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar

The governor of the Zimbabwean central bank, John Mangudya, recently… More…

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Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar

The governor of the Zimbabwean central bank, John Mangudya, recently… More…

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Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

During the first week of November, the World Gold Council’s (WGC) … More…

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