November 23, 2024

Rise To Thrive

Investing guide, latest news & videos!

Zimbabwe’s central bank to issue gold-backed digital currency: Report

1 min read
Zimbabwe's central bank to issue gold-backed digital currency: Report

The Reserve Bank of Zimbabwe is set to introduce a gold-backed digital currency to serve as a legal tender in the country. The move is a government initiative to stabilize the local currency from its depreciation against the United States dollar.