On the eve of the anticipated rollout of a new gold-backed currency, Zimbabwe's central bank announced Thursday that it has the equivalent of 2.5 tons of gold reserves. Speaking in Harare after seeing the assets of the Reserve Bank of Zimbabwe, John Mushayakarara, the new bank’s governor, told President Emmerson Mnangagwa – whom he addressed…
Zimbabwe Central Bank Says It Has Assets Worth 2 5 Tons of Gold allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
Zimbabweans are expressing dissatisfaction with the amount of gold declared by the Reserve Bank of Zimbabwe (RBZ) in light of the recent announcement of a gold-backed structured currency.
Zimbabwe s currency plunged to yet another record low as citizens rushed to the safety of the US dollar amid speculation an announcement from the central bank o.