Search results for 'Parallel Market'
Zimbabwe
ZiG Weekly Review: Records 3% YTD Decline, Battle for Long-Term Stability Continues
The Zimbabwe Gold (ZiG), the nation’s fourth currency initiative in nearly a decade, has experienced marginal year-to-date (YTD) depreciation of 3%, declining from ZiG25.795 on January 1, 2025, to ZiG
Feb 24, 2025
Zimbabwe
ZiG Weekly Review: Slides to 26.67, Worst Performance Since January, but PMR Gap Narrows
The Zimbabwe Gold (ZiG) has demonstrated sustained depreciation against the United States Dollar (USD), recording an exchange rate of 26.6749 on 17 March 2025, extending a loss-making streak observed
Mar 17, 2025
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Zimbabwe's Inflation Soars in April, Both M-o-M, Year-on-Year: A Comparative Analysis with SADC Neighbours
Zimbabwe’s 2025 April inflation increased both in USD and ZiG terms, with ZiG annual inflation skyrocketing according to the lates data from Zimstat. The Zimbabwe Gold (ZiG) launched in April 2024, r
Apr 25, 2025Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025RBZ Repeal Penalties on Pricing Above Official Rate Under SI 34 of 2025: Analysing ZiG and Exchange Rate Policy Shift
Government has repealed Statutory Instrument 81A of 2024, which penalised businesses for charging goods and services above the official exchange rate set by the Reserve Bank of Zimbabwe (RBZ). This p
Apr 17, 2025