The Reserve Bank of Zimbabwe (RBZ) has published the Interbank Foreign Currency Exchange Rate, Gold Coin and Gold-backed Digital Token Prices as at 20 November 2024. The gold-backed digital tokens, at one point named Zimbabwe Gold or ZiG, became an approved means of payment for domestic transactions last year. With this, transactions going through ZimSwitch […]

The Reserve Bank of Zimbabwe has released latest figures on the interbank exchange rates, as well as prices for gold coins and digital tokens. Meanwhile, the Zimbabwe Gold (ZiG) has reclaimed top spot from previous position as the world’s weakest currency. According to American economic analyst Professor Steve Hanke’s Currency Watchlist, Zimbabwe’s inflation is the […]