Browsing Tag
ZiG
5 posts
3 Economics To Lead De-Dollarization: What’s Going On?
The current de-dollarization wave is now gaining rapid momentum with more and more nations joining the surging drive.…
Zimbabwe’s Gold-backed Currency Dips 40% Against the US Dollar
The Reserve Bank of Zimbabwe (RBZ) declared a devaluation of the Zimbabwe Gold, also known as ZiG, less…
Local Currency That Challenged the US Dollar Fails, Dips 40%
Zimbabwe had recently launched a new currency named ZIG which was backed by gold. The gold-backed ZIG local…
BRICS: New Gold-Backed Currency Gains Steam & Challenges the US Dollar
Inspired by the BRICS de-dollarization agenda, Zimbabwe launched a new gold-backed currency, the ZIG, early this year to…
BRICS: New Country Officially Announces De-Dollarization Roadmap
After the BRICS alliance kick-started the de-dollarization agenda in 2022, several developing countries are seriously considering replicating the…