The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to stem inflation and even trying out a digital currency.

The new currency will be backed by reserves of foreign currency and precious metals mined in the country HARARE, April 5. /TASS/. Zimbabwe has rolled out a new national currency called Zimbabwe ...

THE Reserve Bank of Zimbabwe (RBZ) is still pinning its hopes on the strength of the local gold-backed Zimbabwe Gold (ZiG) currency to compete against major currencies, including the United States ...