Zimbabwe’s bullion-backed ZiG currency has significantly depreciated by 95% against the dollar since its launch.
The Central Bank of Kenya raised KSh 130.8 billion via two infrastructure bonds in a
The IMF staff conducted a mission to Zimbabwe to discuss the Staff-Monitored Program (SMP) aimed
In January-February 2024, the IMF mission led by Mr. Wojciech Maliszewski assessed Zimbabwe’s request for
Zimbabwe is not ready to adopt a mono-currency due to insufficient foreign reserves and foreign
Zimbabwe’s Finance Minister Mthuli Ncube declared that the country must first access credit lines before
Zimbabwe’s gold reserves supporting the ZiG currency have reached US$533 million, fueled by increased mineral
Zimbabwe’s government struggles to promote the Zimbabwe Gold (ZiG) currency as businesses, especially in the
Zimbabwe’s central bank has maintained its monetary policy rate at 35% amidst rising inflation, which
The RBZ maintains an interest rate of 35% to manage inflation amid the depreciation of