HARARE, ZimbabweHARARE, Zimbabwe — Zimbabwe on Friday launched a new currency to replace its previous one that in recent months has been battered by depreciation, and in some instances rejection by ...

Zimbabwe's annual inflation rate has dropped below 10% for the first time since 1997, marking a milestone for an economy long defined by hyperinflation. Local-currency inflation eased to 4.1% last ...

Zimbabwe will launch a digital currency next month by introducing "tokens" that are backed by gold reserves and can be transferred between people and businesses as a form of payment, the country's ...

(Bloomberg) -- John Mushayavanhu, Zimbabwe’s new central bank governor, has a gargantuan task ahead of him: restore credibility to an institution better known for printing 100 trillion dollar bills ...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...

(Bloomberg) -- Zimbabwe’s new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit ...

Zimbabwe liberalized its foreign-exchange market and raised interest rates, among a new raft of measures aimed at stabilizing the nation’s currency and reining in resurgent inflation. The central bank ...