1. Home
  2. Africa
  3. Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
Africa
bank deposits
bitcoin.com
Foreign exchange
Gold-backed currency
interest rates
News
0

Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

0
Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’
now viewing

Zimbabwe’s Central Bank Launches Gold-and Forex-Backed ‘Structured Currency’

Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken
now playing

Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken

Bitwise Asset Management to Launch New Aptos (APT) Staking ETP on Swiss Exchange
now playing

Bitwise Asset Management to Launch New Aptos (APT) Staking ETP on Swiss Exchange

Bitfufu Secures 0 Million Credit Line From Antpool Technologies
now playing

Bitfufu Secures $100 Million Credit Line From Antpool Technologies

Apple to launch Sam Bankman-Fried film with A24 studio
now playing

Apple to launch Sam Bankman-Fried film with A24 studio

Bybit’s Futures Volume Sees Notable Surge Amid Increased Institutional and Retail Interest
now playing

Bybit’s Futures Volume Sees Notable Surge Amid Increased Institutional and Retail Interest

3 reasons why Ethereum price is headed toward K
now playing

3 reasons why Ethereum price is headed toward $4K

SEC Crypto Litigation Releases – October 2024
now playing

SEC Crypto Litigation Releases – October 2024

Bitcoin’s Next Move: Mining, ETFs, and Post-U.S. Election Trends With Uphold’s CEO Simon McLoughlin
now playing

Bitcoin’s Next Move: Mining, ETFs, and Post-U.S. Election Trends With Uphold’s CEO Simon McLoughlin

Bitcoin Hits Historic ,000 as Investors Rally Behind New Highs
now playing

Bitcoin Hits Historic $90,000 as Investors Rally Behind New Highs

Parabolic Spike in the Cards for Bitcoin (BTC), Says Top Analyst – Here’s His Timeline
now playing

Parabolic Spike in the Cards for Bitcoin (BTC), Says Top Analyst – Here’s His Timeline

Source: Bitcoin.com

The Reserve Bank of Zimbabwe has introduced a foreign exchange and gold-backed “structured currency” to replace the struggling local currency. The structured currency banknotes will be “fully convertible into the reserve currency on demand.” The central bank has also reduced the annual interest rate from 130% to 20%. Structured Currency Supported by Solid Fundamentals The […]

Go to Source
Author: Terence Zimwara

Related posts:

  1. Egypt Devalues Currency, Raises Interest Rates to Fulfill Key IMF Aid Requirement
  2. Ethiopia Orders Banks to Reject Requests for Foreign Exchange to Buy ‘Non-Priority Products’
  3. Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls
  4. Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions
Bitcoin.com
Related Posts
Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken

Blackrock Bitcoin ETF Overtakes Gold Trust — The Asset World Shaken

Bitcoin.com 0
Bitwise Asset Management to Launch New Aptos (APT) Staking ETP on Swiss Exchange

Bitwise Asset Management to Launch New Aptos (APT) Staking ETP on Swiss Exchange

The Daily Hodl 0
Bitfufu Secures 0 Million Credit Line From Antpool Technologies

Bitfufu Secures $100 Million Credit Line From Antpool Technologies

Bitcoin.com 0
WordPress Theme by cactus.com
Close

Share this video