The International Monetary Fund (IMF) says Zimbabwe’s recent introduction of a gold-backed fiat currency represents an important policy step. This is the first substantive comment on the currency by the IMF since its creation. The global lender has reportedly announced plans to send a team in June to assess the performance of the new currency. Contrasting IMF (…)
The IMF calls Zimbabwe’s gold-backed currency an ‘important policy step’.
By Crypto Flexs1 Min Read
