But in late September, authorities slashed the value of the new gold-backed currency by more ... taking it from 13.56 ZiG to ...

BRICS has announced initiatives for a 40% gold asset backed settlement currency called The Unit, which has triggered an ...

Zimbabwe has introduced a new gold-backed currency called ZiG ... the body introduced a new currency called the bond note that was backed by the US dollar loan facility. The then-central bank ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency ... called the bond note that was backed by the US dollar loan facility.

Another threat for the USD is the mounting US ... make more sense to establish a new currency. There is a strong possibility the currency will be backed by gold, as an essential part of the ...

Inflation-hit Zimbabwe has a new currency ... transacts in the US dollar. On Thursday, Zimbabwe's central bank governor, John Mushayavanhu, said the country has real gold and mineral assets ...

Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy. The ...

Gold (XAU/USD) declines over one-and-a-half percentage points on Thursday after reaching a new record high of $2,790 ... This was further backed up by the release of lower-than-expected US ...