Zimbabwe central bank announces gold currency to combat inflation

The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold currency in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency. The […]

The post Zimbabwe central bank announces gold currency to combat inflation first appeared on The European Union Times – World Breaking News.

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