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Introduction of smaller denomination gold coins welcome but ... - NewsDay Zimbabwe

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In the 2022 Mid-term Monetary Policy Statement issued on Thursday, Reserve Bank of Zimbabwe governor John Mangudya revealed that smaller denominations of gold coins, which were put in place to mop up excess liquidity in the market, lower inflation which soared to 256,9%  last month from 191,6% in June as well as act a store of value, will be introduced into the market in November this year.

The post Introduction of smaller denomination gold coins welcome but … appeared first on NewsDay Zimbabwe.

Source: NewsDay Zimbabwe - Everyday News for Everyday People

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