US EditionZimbabwe’s Plan to Make ZiG Sole Legal Tender Draws Sharp Criticism
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Zimbabwe’s Plan to Make ZiG Sole Legal Tender Draws Sharp Criticism
Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has stirred intense public and professional debate with his recent proposal to designate the Zimbabwe Gold (ZiG) currency as the country’s sole legal tender. While the central bank chief insists that the gold-backed currency is now stable enough to function independently, economists and financial experts have denounced the plan as premature, reckless, and potentially disastrous. Mushayava…
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