A total of US$533.1million has been disbursed since the auction was introduced on 23 June.
This week the highest offer was $90, a drop from $88.33 last week and the lowest remained at $80.
The Zimbabwe dollar has been on the decline since the 27 October auction when it averaged $81.35 but it has remained below $82.
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Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…
