Home > Zimbabwe launches a new gold-backed currency - the ZiG

Business
Zimbabwe launches a new gold-backed currency - the ZiG

Description

Zimbabwe's central bank launches a new currency backed by gold, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The ZiG, short for Zimbabwe Gold, will replace the Zimbabwean dollar which has tumbled in value over the past year, pushing inflation through the roof, Reserve Bank governor John Mushayavanhu says. IMAGES

Added on the 05/04/2024 15:21:35 - Copyright : AFPTV - First images

To customise your video :

Or Create an account

More videos on the subject

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34