IMF cautions Zimbabwe against plan for gold-backed digital money
The country's central bank started selling digital tokens to investors on Monday for a minimum price of $10 for individuals and $5,000 for corporates
09 May 2023 - 20:59
The International Monetary Fund cautioned Zimbabwe against adopting a gold-backed digital currency to deal with macroeconomic challenges such as volatility in the local unit, saying it should rather liberalise its foreign-exchange market. ..
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