Zimbabwe inflation – Miami Crypto Coin

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Gold Coins Help Zimbabwe Achieve ‘Price and Exchange Rate Stability’ — Central Bank

Post author:MiamiCrypto
Post published:February 10, 2023
Post category:Africa Exchange rate gold coins John Mangundya Monetary Policy Reserve Bank of Zimbabwe Zimbabwe inflation Zimdollar depreciation

The Reserve Bank of Zimbabwe recently revealed that some 25,188 of its value-preserving gold coins were sold between July 2022 and Jan. 13. According to the central bank governor, John…

Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value

Post author:MiamiCrypto
Post published:June 28, 2022
Post category:benchmark interest rate Economics gold coins monetary policy committee Persistence Gwanyanya Reserve Bank of Zimbabwe Zimbabwe inflation

After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the…