Starting Monday, Zimbabwe is selling one-ounce, 22-carat gold coins bearing an image of Victoria Falls, its world-famous natural wonder.

Zimbabwe’s central bank has resumed issuing gold coins, a program it halted nearly a year ago, in an effort to bolster the bullion reserves backing the newly introduced local currency, the ZiG ...

In an audacious bid to tackle hyperinflation the African nation launches gold coins as currency, but for the average citizen a loaf of bread can be costly, so the coins are largely out of reach.

Gold coins used as currency in Zimbabwe will soon be available in smaller denominations, the central bank says. Sky-rocketing inflation saw people rushing to cash in their Zimbabwean dollars for ...

John Mangudya, head of the Reserve Bank of Zimbabwe, told reporters in Harare on July 25, 2022, the coins are designed to reduce demand for U.S. dollars in the country.

More than a fortnight ago, the Reserve Bank of Zimbabwe (RBZ) announced plans to introduce gold coins following a resolution agreed on by the bank’s Monetary Policy Committee (MPC) as a new ...

Zimbabwe launches gold coins to stem inflation Authorities are struggling to pull Zimbabwe from the grip of an economic crisis characterised by rising prices.

Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency.

HARARE, Zimbabwe (AP) - Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country's unstable currency. The unprecedented move ...