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Zimbabwe central bank ironing out wrinkles in new currency
4.6.2024
The new currency, an outgrowth of the government’s gold-backed token, is performing well economically but receiving mixed public reviews
Physical version of gold-backed token replaces Zimbabwe dollar
30.4.2024
The country has struggled with an unstable currency for years, but now it will have one backed by reserves three times larger than its issuance
Zimbabwe turns gold-backed digital token into payment method
10.10.2023
The Reserve Bank of Zimbabwe first introduced its new project, in which every issued digital token would be backed by a physical amount of gold held in the bank’s reserves, in April 2023
Reserve Bank of Zimbabwe Set to Launch Gold-Backed Digital Token (GBDT) for Retail Use Following Successful Investor Interest
15.8.2023
The Reserve Bank of Zimbabwe (RBZ) has announced its advanced plans to launch Gold-Backed Digital Token (GBDT) for retail purposes following its successful reception among investors, a success the Bank hailed as "commendable" in a recent report.
During the presentation of the Mid-Term Monetary...
Zimbabwe central bank close to introducing gold-backed digital tokens into retail
14.8.2023
Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation
Zimbabwe sets price to sell gold-backed digital tokens
5.5.2023
Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates
Zimbabwe's central bank to issue gold-backed digital currency: Report
23.4.2023
The Reserve Bank of Zimbabwe plans to introduce a gold-backed digital currency as legal tender in a bid to stabilize its local currency