Zimbabwe’s Gold-Backed ZiG Weakens for First Time Since Debut Unit sheds nearly 1% of value as it tracks gold price movement ZiG part of wider plan to abandon US dollar use, official says Zimbabwe’s gold-backed currency the ZiG weakened for the first time since its debut earlier this month. The currency traded almost 1% weaker at 13.38 per dollar on Thursday compared with a day earlier, central bank data shows, tracking the decline in the gold price. The metal has fallen in the past three days. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts IEA, OPEC Divergence On Oil Demand Becomes Too Big To Ignore READ MORE Navigating Platinum Prices: Uncovering the Platinum Spot Price and Historical Trends READ MORE U.S. Office Market Faces Major Glut, Warns BrookfieldExecutive READ MORE Euro Zone Beats Recession Odds, But Economic Challenges Loom READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
