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‘Smaller-denominated gold coins to stabilise economy’

The central bank said the move is part of its strategy to enhance public confidence through consistent policy implementation and active stakeholder engagement.

By Regis Chingawo ECONOMISTS have welcomed Tuesday’s Reserve Bank of Zimbabwe (RBZ) introduction of a smaller denomination of the Mosi-oa-Tunya gold coins, saying the injection into the formal banking sector would bring stability into the economy and also benefit emerging entrepreneurs. The country first introduced gold coins in July as part of several measures to…

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