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Zimbabwe returns to gold standard in battle to kill off hyperinflation
The Telegraph via Yahoo Finance· 3 weeks agoReserve Bank of Zimbabwe governor John Mushayavanhu said the move was designed to ensure that the...
Zimbabwe is bringing in a gold-backed digital currency with its own dollar ravaged by inflation
Business Insider via Yahoo Finance· 1 year agoPeople queueing to withdraw money from a bank in Zimbabwe in November 2019.Philimon Bulawayo/Reuters...
Zimbabwe Lets Currency Free-Fall While It Weighs Gold Standard
Bloomberg via Yahoo News· 1 month ago(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency...
Zimbabwe's gold-backed digital token runs into political headwinds
Semafor via Yahoo News· 12 months agoZimbabwe launched gold-backed virtual coins as a central bank digital currency (CBDC) on Monday in...
Zimbabwe debuts gold coins as legal tender to stem inflation
Associated Press via Yahoo News· 2 years agoZimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that...
Zimbabwe's central bank reforms seen as unsustainable as president readies for election
Semafor via Yahoo News· 9 months agoThe News HARARE, Zimbabwe — Zimbabwean President Emerson Mnangagwa is whittling down the powers of...
Zimbabwe cracks down on mobile money to discourage US dollar uptake
Quartz· 2 years agoZimbabwe is squeezing the life out of its mobile money sector through a wave of regulatory...
Zimbabwe is launching a local digital currency alternative to the US dollar
Quartz via Yahoo Finance· 12 months agoZimbabwe is introducing local digital tokens in the hope of reducing reliance on the US dollar....
Zimbabwe suspends bank lending in bid to arrest currency decline
Reuters via Yahoo Finance· 2 years agoZimbabwe's government on Saturday ordered banks to stop lending with immediate effect in a move...
Hyperinflation Spurs Zimbabwe to Halt Payments to Contractors
Bloomberg via Yahoo Finance· 2 years ago(Bloomberg) -- Zimbabwe has suspended payments to government contractors as part of efforts to halt...