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SPECIE WINS IN ZIMBABWE.
- 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have stabilized inflation and the local currency's exchange rate, some critics argue that the sale of gold coins has withdrawn Zimbabwe dollar liquidity from the market.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 :
- GOLD coins
Subjects
Details
- Language :
- English
- ISSN :
- 01459090
- Volume :
- 50
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- World Coin News
- Publication Type :
- Periodical
- Accession number :
- 162303474