Gold standard: Zimbabwe debuts gold coins as currency - News24


7/25/2022 12:00:00 AM2 years 9 months ago
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]

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