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Zimbabwe’s recently introduced gold-backed currency is sliding on the local black market but officials insist the currency is getting stronger and has a bright future. Columbus Mavhunga reports ...
Less than six months after Zimbabwe launched yet another new currency, it was forced to devalue it, signalling new challenges for the Southern African country’s efforts to stand up a local ...
In a bold move challenging the federal monetary system, Texas legislators are advancing groundbreaking bills that would ...
“Back-to-Basics means that the Central Bank will uphold in strict terms its core mandate of ensuring price and currency stability as well as its commitment to ensure the money in circulation is fully ...
Last month, Zimbabwe officials introduced a gold-backed currency in an effort to stabilize the country’s economy. At the time, I warned that a gold-backed currency would be a great step ...