ZiG: Zimbabwe Launches Gold-Backed Currency to Stabilize Economy and Fight Inflation

On April 8, 2024, Zimbabwe officially launched its new gold-backed currency, the ZiG (Zimbabwe Gold). According to a report by Kitco News published on April 5, the introduction of the ZiG is a significant step towards establishing a solid and stable national currency and combating the country’s economic instability and rampant inflation. The Reserve Bank […]