Zimbabwe has introduced a new gold-backed currency called ZiG - the ... inflation-hit notes for the new currency. However, the US dollar, which accounts for 85% of transactions, will remain ...

Gold eased, pressured by a rising US dollar after President-elect Donald Trump warned the so-called BRICS nations that he ...

President-elect Donald Trump said he would require countries that are part of BRICS — a China- and Russia-backed group of ...

of US-based clearing houses. Then came proposals for a Brics currency, constituted as a weighted average of existing Brics ...

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

They want to protect against political risks and move away from traditional currency reserves. Mason cites the BRICS coalition's plans for a gold-backed currency as a factor reshaping market ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that ... According to the Reuters new agency, RBZ said in a statement that its Monetary ...

(Bloomberg) -- The world’s largest gold-backed exchange traded fund recorded ... in gold last month as expectations were high that the US presidential election would turn out to be a contested ...