Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency

Share This Post

Zimbabwe Plans to 'Float' Rapidly Depreciating Gold-Backed CurrencyZimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline for when the central bank intends to implement this policy. Since […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitcoin.com Now Live on Rumble: A New Era for Crypto Content

Bitcoincom, a leading source for Bitcoin and cryptocurrency news, education, and tools, is thrilled to announce its official launch on Rumble, the rapidly growing video streaming platform known for

Solana Rising: Key Metrics Hint At Serious Ethereum Competitor

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum Based on hedge fund Syncracy Capital’s recent findings, the market share and the

China to Unban Crypto? HashKey CEO Predicts Shift Amid Global Market Surge

The post China to Unban Crypto HashKey CEO Predicts Shift Amid Global Market Surge appeared first on Coinpedia Fintech News As the US races to establish itself as a global crypto hub, China could

Satoshi Bitcoin wallets now worth over $100 billion making Top 20 richest people

Satoshi Nakamoto’s Bitcoin holdings have surpassed $100 billion, placing the anonymous creator among the world’s top 20 wealthiest individuals if they are still alive and a single person

Revolut Launches Standalone Crypto Exchange Across Europe

Revolut is expanding the international reach of its digital asset services with the rollout of Revolut X in 30 new countries across Europe This expansion follows the standalone crypto

SHIB & WIF Memecoins Hit 2X This Year, Is a New ATH On The Horizon?

The post SHIB & WIF Memecoins Hit 2X This Year, Is a New ATH On The Horizon appeared first on Coinpedia Fintech News Story Highlights WIF memecoin on the verge of achieving a new ATH, surpasses