Reports have since suggested the potential new BRICS currency will be 40% backed by gold and 60% backed by reserves in member ...

Gold-backed digital currency. Lawmakers propose state-wide digital coins fully redeemable in precious metals, offering ...

A Texas legislator has filed two bills to establish a state-sanctioned currency backed by precious metals, marking a ...

Zimbabwe's government has reiterated its commitment to de-dollarisation, signalling plans to make the Zimbabwe Gold (ZiG) ...

The new banknotes come in denominations from 1 to 200 Zimbabwe has introduced a new gold-backed currency ... of the authorities." The announcement of the new currency comes as the country is ...

Zimbabwe's central bank has devalued its gold-backed currency by over 40% against the US dollar, indicating that the last ditch effort to stabilise the country's volatile economy, is in trouble.

Zimbabwe has introduced a new gold-backed currency called ZiG ... discipline on the part of the authorities." The announcement of the new currency comes as the country is grappling with the ...

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 on the back of tighter monetary policy. The ...

Zimbabwe’s gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said. The ZiG, short for Zimbabwe Gold ...

The central bank hopes the ZiG, which is backed by a basket of reserves comprising foreign currency and precious metals – mainly gold – would help stabilise the struggling economy. But some ...