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CATEGORY: foreign exchange market


May 11, 2023 02:10

IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability

The International Monetary Fund has urged Zimbabwean authorities to weigh the benefits versus risks of issuing a gold-backed digital currency. Instead of using gold-backed digital currency to limit the demand for the greenback, the global lender said monetary authorities should consider liberalizing the foreign exchange market. Risks to Macroeconomic and Financial Stability The International Monetary [...]

The post IMF Says Zimbabwe Gold-Backed Digital Currency a Potential Threat to Financial Stability appeared first on Crypto Breaking News.

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