Zimbabwe unveils new gold-backed currency

Zimbabwe unveils new gold-backed currency

The Star Online - News·2024-04-06 08:02

HARARE, April 5 (Xinhua) -- Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation.

This is the latest attempt by the central bank to address Zimbabwe's currency challenges, having in the past launched several currencies, including the current bond notes that have been significantly eroded by high inflation.

……

Read full article on The Star Online - News

Entertainment Malaysia