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News24 | Zimbabwe devalues new gold-backed currency by 43%

Source link : https://www.afric.info/2024/09/27/news/news24-zimbabwe-devalues-new-gold-backed-currency-by-43/

Zimbabwe raised interest rates and devalued its gold-backed currency by 43%, following persistent weakness in the ZiG amid deep skepticism that the nation’s latest bid to create a viable local unit would succeed. Source link : https://www.news24.com/fin24/economy/zimbabwe-devalues-new-gold-backed-currency-by-43-20240927 Author : Publish date : 2024-09-27 14:32:44

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Author : AFRICA-NEWS

Publish date : 2024-09-27 12:59:26

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