Zimbabwe’s currency deeply undervalued – says Central Bank governor
Business Insider Africa Zimbabwe’s central bank governor claims the local currency is undervalued and could be worth twice its current market price based on reserves and gold backing. The currency, ZiG, is the country’s sixth attempt in 15 years to stabilize its currency and is backed by 2.5 tons of gold and $100 million in […] The post Zimbabwe’s currency deeply undervalued – says Central Bank governor appeared first on NewZimbabwe.com.
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