Zimbabwe has lost a staggering $4.5 billion in three years because of its unending currency problems and distorted monetary policies, a new World Bank report says. The revelation came at a time ...

Zimbabwe's inflation rate officially at 231 million percent as of last July Many Zimbabwean traders have stopped accepting local currency Acting finance minister recently allowed all Zimbabweans ...

Zimbabwe's new gold-backed currency got off to a chaotic start with shops accepting only US dollars on Tuesday and vexed Zimbabweans queuing up outside banks for hours to access their savings.

Zimbabwe reintroduced its own currency in 2019, after a 10-year hiatus, and has been battling bouts of hyperinflation and shortages of everything from foreign currency to food. Inflation slowed to ...

HARARE, Zimbabwe—The Reserve Bank of Zimbabwe, which gained global notoriety in 2008 for printing one-hundred-trillion-dollar notes, said Friday it was launching a new national currency ...