[New post] Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value

BGC Admin posted: "After seeing the country's inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act " Bitcoin Global Canada Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value BGC Admin Jun 28 After seeing the country's inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will "enable investors to store value." Discouraging Speculative Borrowing Monetary […] Read more of this post Comment Unsubscribe to no longer receive posts from Bitcoin Global Canada. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.bitcoinglobal.ca/news-events/zimbabwe-to-hike-benchmark-rate-to-200-central-bank-minted-gold-coins-to-act-as-store-of-value/ Powered by Jetpack