Zimbabwe to make gold a transacting currency.

BANKING AND CREDIT NEWS-October 2, 2023--Zimbabwe to make gold a transacting currency

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Global Banking News - 02 October 2023

The Reserve Bank of Zimbabwe (RBZ) has announced plans to make Zimbabwe Gold (ZiG) a transacting currency.

The Gold-Backed Digital Tokens (GBDT) can be used for transactional purposes. ZiG is to function as an alternative to already existing payment methods and is intended to...

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