
Zimbabwe Launches Gold-Backed Currency: A New Chapter in Economic Stability
In a significant move aimed at bolstering economic stability and confidence, Zimbabwe recently announced the launch of a gold-backed currency. This decision marks a pivotal moment in the country’s financial landscape, signaling a departure from years of hyperinflation and economic challenges. Background Zimbabwe has grappled with economic turmoil for decades, characterized by hyperinflation, currency devaluation,…