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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After 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
1 day agoCan Zimbabwe's Gold Output Hit 50 Tonnes and Export Earnings Top US$6 Billion After September's Sharp Decline?
Zimbabwe remains within reach of its 50-tonne gold target despite a 7.9% decline in September deliveries, with the industry's stronger production run-rate and elevated export earnings providing a foun
Oct 29, 2026
