Zimbabwe has started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people.

Zimbabwe will seek full convertibility of its new currency, the ZiG, as a way to further support the unit and protect it from collapse, according to Mthuli Ncube, the Finance Minister.

Zimbabwe's new gold-backed currency starts circulating in a bid to help stabilise the country's economy The so-called ZiG replaced the Zimbabwean dollar, whose value against the US dollar had collapsed Out with the Zimbabwe dollar,