Zimbabwe’s gold-backed ZiG extends rare advance against dollar
The ZiG is the southern African nation’s sixth attempt in 15 years to stand up a stable local currency to replace the dollar as the main unit of exchange.
Rupee rises 1 paisa to close at 84.10 against U.S. dollar
Rupee recovers slightly against U.S. dollar amid election uncertainty, FII outflows, and volatile global markets.
Rupee falls 2 paise to all-time low of 84.13 against U.S. dollar in early trade
Forex traders watch U.S. election impact on markets as rupee hits record low against dollar, with RBI intervention expected.
Zimbabwe’s Gold-Backed ZiG Extends Rare Advance Against Dollar
HARARE-- Zimbabwe’s gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day
Zimbabwe’s tight monetary policy stance boosts ZiG – MPC member says
Bloomberg
Rupee moves in narrow range against US dollar in early trade
rupee witnessed range-bound trade and appreciated by just 1 paisa to 84.06 against the US dollar in initial deals, weighed down by persistent.
Rupee moves in narrow range against US dollar in early trade
Rupee trading in narrow range due to strong dollar, rising oil prices, RBI intervention, IPOs, and equity market decline.
Zimbabwe’s Gold-Backed Currency Strengthens Amid Central Bank’s Tightened Monetary Policy
Harare – Zimbabwe’s gold-backed currency, the Zimbabwe Gold (ZiG), has recorded its first gain in over two weeks, a sign that a recent tightening in monetar
last updated on 5 Nov 15:17