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Zimbabwe debuts gold coins as legal tender to stem inflation - Vimarsana News

Zimbabwe debuts gold coins as legal tender to stem inflation

Hyperinflation in 2008 reached 5 billion percent.

Experts see little benefit for the poor as RBZ launches gold coins; 'most people have no money for bread, let alone for savings' - Vimarsana News

Experts see little benefit for the poor as RBZ launches gold coins; 'most people have no money for bread, let alone for savings'

NewZimbabwe.com – The Zimbabwe News You Trust is Zimbabwe’s leading online newspaper and published by New Zimbabwe Media Ltd. The platform brings you the latest breaking News, Business, Showbiz, Sports, Diaspora and gives you everything you’ve come to expect and love.

Zimbabwe introduces gold coins in an effort to tame inflation, rekindle faith in currency - Vimarsana News

Zimbabwe introduces gold coins in an effort to tame inflation, rekindle faith in currency

The unprecedented move was announced Monday by the country's central bank, the Reserve Bank of Zimbabwe, to boost confidence in the local currency.

Source: cbc.ca
Zimbabwe debuts gold coins as legal tender to stem inflation - Vimarsana News

Zimbabwe debuts gold coins as legal tender to stem inflation

Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country’s unstable currency

Unprecedented move! Zimbabwe debuts gold coins as legal tender to stem inflation - Vimarsana News

Unprecedented move! Zimbabwe debuts gold coins as legal tender to stem inflation

Fidelity Printers, a subsidiary of the central bank, is the country's only authorised gold buyer. Get more World News and Business News on Zee Business.

Source: zeebiz.com