Zimbabwe’s ZiG weakens to lowest level since launch

Zimbabwe’s gold-backed ZiG currency has weakened to its lowest level against the US dollar since it was launched a month ago. The currency is trading at 13.67 to the dollar, according to data posted Monday on the Reserve Bank of Zimbabwe’s website, a decline of 0.8% from its first day of trading at 13.56 per … Continue reading Zimbabwe’s ZiG weakens to lowest level since launch