Zimbabwe plans to link exchange rate of local currency...
International News
April 4, 2024
In a significant move, Zimbabwe is considering linking the exchange rate of its local currency to the value of gold, aiming to stabilize its volatile financial landscape. This decision comes amidst ongoing economic challenges and efforts to address currency instability in the country. Tinashe Mugwisi, an auto parts trader, welcomes the move, hoping it will bring greater stability and confidence to the local economy.