The Reserve Bank of Zimbabwe has introduced a overseas speech and gold-backed “structured currency” to regenerate the struggling section currency. The structured currency banknotes volition beryllium “fully convertible into the reserve currency connected demand.” The cardinal slope has besides reduced the yearly involvement complaint from 130% to 20%. Structured Currency Supported by Solid Fundamentals The […] Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
6 months ago
The Reserve Bank of Zimbabwe has introduced a overseas speech and gold-backed “structured currency” to regenerate the struggling section currency. The structured currency banknotes volition beryllium “fully convertible into the reserve currency connected demand.” The cardinal slope has besides reduced the yearly involvement complaint from 130% to 20%. Structured Currency Supported by Solid Fundamentals The […] Related
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