Spread This NewsBy Gilbert Muponda The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 ...
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Zimbabwe sold its gold-backed currency to banks at 44% less than the prevailing rate against the dollar Friday, according to four treasury dealers, effectively devaluing the unit. Bankers ...
The price of gold depends on several factors including currency, global developments, interest rates etc. If the rupee weakens against US dollar, the price of gold will go up. Gold price is also ...