Published: Apr 25, 2023, 06:30 IST | Updated: Apr 25, 2023, 06:30 IST
Business & Economy Apr 25, 2023, 06:30 IST
How Zimbabwe plans to launch digital tokens
The Reserve Bank of Zimbabwe is set to introduce a new digital currency backed by gold, in an effort to stabilize its local unit and address high currency volatility. But its latest experiment cannot turn into a reality without gold worth at least 100 million dollars.