The RBZ then resorted to printing money to ease the situation ... But in late September, authorities slashed the value of the ...

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious metals, marking a ...

In a bold move challenging the federal monetary system, Texas legislators are advancing groundbreaking bills that would establish a state-backed ... coining money, but allows for gold and silver ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency called ... the government began printing excess money. Promises have now been made by ...

Zimbabwe has introduced a new gold-backed currency called ZiG - the name ... But the bond note crashed when the government began printing excess money. Promises have now been made by the central ...

Their suggestions typically involve backing a portion of the money supply with gold ... allowing markets to adjust to the new gold-backed system while gradually phasing out unbacked fiat currency." ...

The US national debt and high budget deficits necessitate more money printing ... to establish a new currency. There is a strong possibility the currency will be backed by gold, as an essential ...

The ZiG – short for Zimbabwe Gold ... to the BRICS's New Development Bank, which aims to expand the use of local currency loans. The central bank hopes the ZiG, which is backed by a basket ...

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 ...

Last week, the country's central bank introduced a new gold-backed currency called Zimbabwe Gold, or ZiG, in an attempt to tame price gains that reached a seven-month high of 55% in March.