The headline feature of the 2024 MPS was the introduction of the new structured currency. A structured currency is defined as a currency that is pegged to a specific exchange rate or currency ...

HARARE – Zimbabwe’s foreign currency reserves have soared past US$600 million, marking a major turning point in the country’s ...

THE Zimbabwe Gold (ZiG) currency turns one tomorrow in what has been a roller-coaster year for the local unit. The structured currency, backed by some minerals and cash reserves, debuted on April 8 ...

Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the ...

The deal had been structured to maximise interest from all types of CB ... offered them some diversity in their China-heavy portfolios. For the issuer, the dual-currency structure allowed it to raise ...