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SPECIE WINS IN ZIMBABWE.

Authors :
Giedroyc, Richard
Source :
World Coin News; Apr2023, Vol. 50 Issue 4, p17-18, 2p
Publication Year :
2023

Abstract

The article informs that Zimbabwe's introduction of Mosi-oa-Tunya gold coins appears to have helped control inflation by providing a store of value and an alternative to the U.S. dollar. The coins can be purchased using domestic and foreign currencies, traded, used in commerce and pledged as security. While the coins have stabilized inflation and the local currency's exchange rate, some critics argue that the sale of gold coins has withdrawn Zimbabwe dollar liquidity from the market.

Subjects

Subjects :
GOLD coins

Details

Language :
English
ISSN :
01459090
Volume :
50
Issue :
4
Database :
Complementary Index
Journal :
World Coin News
Publication Type :
Periodical
Accession number :
162303474