ZIMBABWE INTRODUCES GOLD-BACKED DIGITAL CURRENCY TO TACKLE DOLLARISATION
Spread the loveFaith Nyasuguta Zimbabwe has unveiled a novel strategy in its battle against re-dollarisation, as the government fears the return to widespread use of foreign currencies will be detrimental to its fragile economy. The country’s central bank has introduced digital tokens known as Zimbabwe Gold (ZiG), which are denominated in milligrams and are available … Continue reading ZIMBABWE INTRODUCES GOLD-BACKED DIGITAL CURRENCY TO TACKLE DOLLARISATION
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