Search results for 'Currency Depreciation'
Zimbabwe
ZiG Weekly Review: Formal Market Sees Slower Depreciation, Parallel Market Rate Drops
The Zimbabwe Gold (ZiG) exhibited a marginal depreciation of 0.1% week-on-week, trading at 26.3004 per USD on January 24, 2025, compared to 26.2614 on January 17, 2025. During the week, the ZiG trade
Jan 24, 2025
Zimbabwe
ZiG’s Weekly Review as Stability Remains in Focus: Is This a Turning Point or a False Dawn?
The Zimbabwe Gold (ZiG) experienced marginal declines, depreciating by 0.1% last week and further by 0.2% this week, closing at 23.3656 against the US dollar. This relative stability is largely attri
Jan 31, 2025
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
Zimbabwe's Inflation Surge in Local Currency, USD Enters Deflation: Comparative Analysis with SADC Peers
Zimbabwe's annual inflation rate in local currency (ZiG) skyrocketed to 92.1%, driven by food and beverage prices, while the US dollar (USD) saw a month-on-month decline of 0.3%. The repeal of Statut
May 29, 2025
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Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
17 hours agoCoca-Cola’s US$3.6 Billion COMESA Footprint Reveals Scale of Regional Industrial Opportunity
ZimTrade data shows that Zimbabwe exported US$222 million worth of goods to COMESA in 2025, representing a 10.4% increase from US$201 million in 2024. Despite the recovery, regional exports accounted
1 day ago
