Zimbabwe’s Central Financial institution Launches Gold-and Foreign exchange-Backed ‘Structured Forex’

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The Reserve Financial institution of Zimbabwe has launched a overseas trade and gold-backed “structured forex” to switch the struggling native forex. The structured forex banknotes will probably be “totally convertible into the reserve forex on demand.” The central financial institution has additionally decreased the annual rate of interest from 130% to twenty%. Structured Forex Supported by Stable Fundamentals The […]

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