Zimbabwe’s struggles with exchange rate volatility, which recently caused rapid increases in prices, are a result of the country’s adoption of a dual currency regime, Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya said. Mangudya said Zimbabwe uses a dual currency system after co-mingling a strong currency, the US dollar with the softer Zimbabwe…
THE Reserve Bank of Zimbabwe (RBZ) is finalising the modalities of rolling out the gold-backed digital tokens as a medium of exchange for domestic transactions .