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BRICS plans to introduce new gold-backed currency

BRICS plans to introduce new gold-backed currency

Zimbabwe has introduced a new gold-backed currency which the central bank hopes will bring stability to the country’s economy. But economists and ordinary Zimbabweans have their doubts. | TRT World

Zimbabwe has introduced a new gold-backed currency which the c…

2.3K viewsApr 6, 2024

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Zimbabwe's central bank launched a new "structured currency" backed by gold, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. Business Correspondent, Motheo Khoaripe weighs in. #947DriveWithThando | 947

Zimbabwe's central bank launched a new "structured currency" backe…

53.1K viewsApr 11, 2024

1.2K views · 23 reactions | Wongel Zelalem reports on Zimbabwe's central bank introducing a new gold-backed currency called ZiG to combat high inflation | African Diaspora News Channel | Facebook

1.2K views · 23 reactions | Wongel Zelalem reports on Zimbabwe's ce…

486 views2 weeks ago

FacebookAfrican Diaspora News Channel

#VantageOnFirstpost: Zimbabwe's central bank launched a new "structured currency" backed by gold. This comes as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy. The ZiG - short for Zimbabwe Gold - will replace the Zimbabwean dollar which has tumbled in value over the past year, pushing inflation through the roof. Zimbabweans have 21 days to convert their old cash into new money. But analysts have questioned the move. They ask whether the country has eno

#VantageOnFirstpost: Zimbabwe's central bank launched a new "stru…

1K viewsApr 9, 2024

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1.2K views · 21 reactions | Zimbabwe has introduced a new gold-backed...

1.2K views · 21 reactions | Zimbabwe has introduced a new g…

502 views2 weeks ago

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Zimbabwe introduces new gold-backed currency to tackle inflation

Zimbabwe introduces new gold-backed currency to tackle inflation

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