Get access to our best features
Get access to our best features
Published 2 years ago

Zimbabweans hit by soaring inflation: Will gold coins help?

Summary by Ground News
Many Zimbabweans fear the country is heading back to such hyperinflation. To prevent a return of such economic disaster, President Emmerson Mnangagwa's government last month took the unprecedented step of introducing constitutional change. The country's central bank, the Reserve Bank of Zimbabwe, said that because the value of the one-ounce, 22-carat coins would be by the international price of gold, they will help tame the runaway inflation and stabilize the nation's currency.

0 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe
Ground News Article Assistant
Not enough coverage to generate an Article Assistant.

Bias Distribution

  • 64% of the sources are Center
64% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)