The Central Bank of Zimbabwe stated on Monday that it would soon begin issuing gold currency in an effort to reduce inflation, which hit 191 percent in June. The Harare government thinks that this will decrease demand for US dollars and at the very least slow down the further depreciation of the local currency.
The coins should be accessible through neighborhood banks and currency exchanges by the end of July, according to Governor of the Central Bank, John Mangudya. They will have ...
