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Zimbabwe to introduce gold coins as local currency tumbles

Summary by Ground News
Central bank governor John Mangudya announced the move on Monday. It comes as the country's 15 million people struggle with shortages and soaring inflation. Annual inflation hit almost 192% in June, casting a shadow over President Emmerson Mnangagwa's bid to revitalise the economy.

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Bias Distribution

  • 35% of the sources are Center, 35% of the sources lean Right
35% Right
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SchiffGold.com broke the news in on Thursday, June 30, 2022.
Sources are mostly out of (0)