Zimbabwe says gold-backed currency stable but investor doubts persist

June 19, 2025 By: Alfred0 comments

<p><img src=”https://biz-file.com/c/2506/776846-240×135.jpg?5″ width=”240″ height=”135″ alt=”Source: Reuters.” align=”left”><br><span >Source: Reuters.&lt;/span><p>Zimbabwe’s gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the parallel market.</p><br> <a href=”https://www.bizcommunity.com/article/zimbabwe-says-gold-backed-currency-stable-but-investor-doubts-persist-471939a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=258575″>Email</a></p><div style=”clear:left”></div>