Gold standard: Zimbabwe debuts gold coins as currency - News24

7/25/2022 12:00:00 AM2 years 9 months ago
by Lenin Ndebele
by Lenin Ndebele
The Reserve Bank of Zimbabwe has debuted gold coins selling at R30 753.60 and have a local value of ZW$805 745.35 by Monday's prices.
- Zimbabwe has rolled out 2 000 gold coins each at the cost of about R30 000.
- Reserve Bank governor says the coins are a way of reducing people's preference for the US dollar.
- Z… [+2850 chars] full article...