Zimbabwe’s Gold-Backed Token Won’t Fix Inflation, Says Expert

Zimbabwe’s Gold-Backed Token Won’t Fix Inflation, Says Expert


Coinpedia
2023-06-27 10:40:32

The post Zimbabwe’s Gold-Backed Token Won’t Fix Inflation, Says Expert appeared first on Coinpedia Fintech News Experts argue that in order to address Zimbabwe’s currency instability effectively, it is crucial to implement prudent macroeconomic strategies. They emphasize the significance of measures such as increasing interest rates and reducing deficits, which can play a key role in stabilizing the Zimbabwean dollar. Although the introduction of a token by the Reserve Bank of …