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Zimbabwe s Central Bank Chief Sees Deflation Risk From Strong ZiG

(Bloomberg) Zimbabwe’s central bank Governor John Mushayavanhu said he’s concerned that the appreciation of the country’s new currency against the dollar could spur deflation.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussian Attacks on Ukraine Stoke Fears Army Near Breaking PointUS Slams Strikes on Russia Oil Refineries as Risk to

Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar

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