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Zimbabwe

Zimbabwe defies IMF with gold-backed cryptocurrency

The $40 million offer is meant to expand value-preserving instruments available in the economy, according to the country’s central bank. The Reserve Bank of Zimbabwe...

Major lithium producer tightens export controls

Zimbabwe seeks to prevent losses from illegal mining and prop up the country’s struggling economy. The government of Zimbabwe has slapped heavy restrictions on the...

African country eyes gold currency

Zimbabwe’s Central Bank announces gold coins as inflation approaches 200%. Seeking to curb inflation, which reached 191% in June, the Central Bank of Zimbabwe announced...

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