Zimbabwe’s RBZ Injects $50M in Forex Market to Stabilize Currency
Zimbabwe’s central bank, the Reserve Bank of Zimbabwe (RBZ), has injected over US$50 million into the interbank foreign exchange market to stabilize the.
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Zimbabwe Has Plan To Launch ‘Structured Currency’ Linked to Gold
Zimbabwe plans to launch what it calls a “structured currency” linked to Gold, according to the finance minister. However, some commentators and social.
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Zimbabwe turns gold-backed digital token into payment method
On Oct. 5, the gold-backed digital token called, Zimbabwe Gold (ZiG), officially launched as a payment method. The launch was announced by the Reserve Bank.
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The Inevitable Decline of the US Dollar: Maduro Highlights Global Shift
Venezuelan President Nicolas Maduro recently emphasized that the world is experiencing an unstoppable decline in the global use of the US dollar. In.
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Zimbabwe Sells Millions of Gold-backed Crypto Tokens Despite IMF Warning
Despite a warning from the International Monetary Fund, the Reserve Bank of Zimbabwe has sold 14 billion Zimbabwean dollars worth of gold-backed digital.
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Zimbabwe Finance Minister Motivate Bitcoin Investments Among Its Country’s Citizens
Adoption cryptocurrency grows more as it gains the mainstream’s attention around the world. Africa is a known region for massive crypto adoption. Even.