IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’
![IMF Calls Zimbabwe’s Gold-Backed Currency an ‘Important Policy Action’](https://cryptoinvestment.at/wp-content/uploads/2024/05/imf-calls-zimbabwes-gold-backed-currency-an-important-policy-action.jpg)
The International Monetary Fund (IMF) has stated that Zimbabwe’s recently introduced gold-backed fiat currency represents a significant policy step. This is the IMF’s first substantial comment on the currency since its inception. The global lender has reportedly announced plans to send a team in June to evaluate the performance of the new currency. Contrasting IMF […]