By Hon Madzivanyika Whereas ,Section 317 of the constitution of Zimbabwe requires the RBZ to regulate the monetary system to promote currency stability and overall macroeconomic stability,there is need to analyse the impact of the recently promulgated monetary policy statement on the new currency as introduced. The new monetary policy statement was introduced under the…
(Bloomberg) Zimbabwe, in its latest bid to end the serial collapse of the local dollar, has replaced it with a new unit called ZiG, which will be backed by a basket of foreign currencies, gold and other precious metals.Most Read from BloombergTexas Toll Road Takeover to Cost Taxpayers at Least $1.7 BillionSaudi Crown Prince MBS’s $100 Billion Foreign Investment Quest FaltersS&P 500 Falls 1% as Oil Jump Spurs Flight to Bonds: Markets WrapGiving Up China Is Hard, Even for Argentina’s Anarcho-Ca
Zimbabwe: Top Lawyer Stops University From Demanding U S $ Fees From Struggling Students 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.