Reserve Bank of Zimbabwe

Will Zimbabwe Pave The Way For Gold-Backed Money?

The Reserve Bank of Zimbabwe introduced a gold-backed digital currency that will be fully backed by physical gold held by the Bank. This move might pave the way for gold-backed money. Will gold rescue Zimbabwe from the ashes of economic despair and usher in a new economic era? Since Zimbabwe

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Now Zimbabwe To Launch Gold-Backed Digital Currency

The Reserve Bank of Zimbabwe has announced that Zimbabwe will launch a gold-backed digital currency, dumping the US dollar. Zimbabwe has become the latest country to dump dollar and has decided to issue gold-backed digital currency for “investment purposes with a vesting period of 180 days.” The country’s central bank

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