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Zimbabwe doesn't intend to completely wean itself off utilizing the US dollar, even as it moves toward adopting the ZiG as its primary currency by 2030....

Zimbabwe expects to build a sufficient foreign-exchange buffer to enable it to transition to a single currency and phase out the use of US dollars in everyday transactions within the next three years, the deputy central bank governor said....

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Economic uncertainty drives desperate people, including those with disabilities, into illegal foreign currency trade....

Zimbabwe's central bank has set targets it must achieve before the gold-backed ZiG becomes the nation's sole currency by the end of the decade....

Gold and foreign-currency reserves backing Zimbabwe's bullion-linked monetary unit rose to a record in June, the central bank said....

Zimbabwe's gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors....

The International Monetary Fund said it would like to see the ZiG “fully becoming a national currency” as it considers whether to place Zimbabwe on a staff-monitored program....

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Zimbabwe's bullion-backed currency is heading for failure because policy mistakes have pushed it to the sidelines, according to the country's oldest independent brokerage....

Zimbabwe collected $215 million from exporters in the first quarter after ordering them to surrender almost a third of the foreign currency they earn to the central bank in exchange for ZiGs to improve liquidity on the interbank market....

Gold and foreign currency reserves backing Zimbabwe's bullion-linked unit have risen more than twofold since its introduction a year ago, central bank Governor John Mushayavanhu said....

A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago....

A prominent American applied economics professor, Steve Hanke, has ranked Zimbabwe's 11-month-old currency as the second worst performer ......

Zimbabwe has ample dollars to supply demand, according to the head of the central bank, who assured the southern African nation that it does not have a currency “problem.”...

Zimbabwe's new gold-backed currency, the ZiG, isn't even a year old and is already suffering from the same lack of credibility that doomed its predecessors....

Zimbabwe's Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines before it can adopt the ZiG as its sole currency....

A Zimbabwean business lobby group has said the country's plan to return to a mono-currency system earlier than originally announced is undermining ......

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