Zimbabwe’s gold-backed currency — ZiG

Zimbabwe introduced the gold-backed currency, ZiG, in an effort to stabilize its economy and combat hyperinflation.

The launch of Zimbabwe’s ZiG currency aims to restore public confidence in the nation's monetary system by tying its value to gold reserves.

Economists are closely watching the impact of Zimbabwe’s new gold-backed currency, ZiG, on the country's long-term financial stability.

ZiG, Zimbabwe's innovative gold-backed currency, represents a significant shift from traditional fiat money, promising greater value security.

By backing its currency with gold, Zimbabwe hopes that the ZiG will provide a more reliable store of value and curb the inflation that has plagued its economy for years.