Tag: Persistence Gwanyanya

Zimbabwe currency turmoil returns as local dollar plunges 40% on black market

Zimbabwe currency turmoil returns as local dollar plunges 40% on black market

Source: Zimbabwe currency turmoil returns as local dollar plunges 40% on black market HARARE – Zimbabwe’s dollar has started the new year on the ba ...
Zimbabwe launching digital currency using R1.8-billion’s worth of gold

Zimbabwe launching digital currency using R1.8-billion’s worth of gold

The central bank will rely on gold reserves, which it has been accumulating, to support the initiative and stem the local currency’s volatility. Sour ...
Zimbabwe plans to hike interest rate to 190% as inflation shoots past 191% in June

Zimbabwe plans to hike interest rate to 190% as inflation shoots past 191% in June

Source: Zimbabwe plans to hike interest rate to 190% as inflation shoots past 191% in June Persistence Gwanyanya, from the bank’s MPC, said the inten ...
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