Zimbabwe plans to introduce gold coins amid a slump in its currency
Zimbabwe this week announced plans to introduce gold coins later this month as it tries to curb rising inflation amid a slump in its currency. The country's central bank also outlined moves to make the US dollar legal tender for the next five years. The central bank's main interest rate was more than doubled this month to 200%, after the annual rate of inflation rose above 190%. To get a sense of these plans and whether they will make a difference . We spoke to the CEO of the Zimbabwe National Chamber of Commerce, Takunda Mugaga...
Create your
podcast in
minutes
It is Free