Zimbabwe Answers Rising Inflation With Gold Coins

Zimbabwe will soon start selling gold coins to store value in an attempt to tame rising inflation. The country’s central bank governor John Mangudya announced on Monday that the new gold-based tender will be available on July 25 and can be bought using either local or foreign currency, including US dollars. The “Mosi-oa-tunya” coin, named … Continue reading Zimbabwe Answers Rising Inflation With Gold Coins