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Al Jazeera

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MYSTERIOUS: Zimbabwe launches gold coins to stem inflation | Mind Blowing Facts

Zimbabwe Gold Inflation John Mangudya

Reserve Bank of Zimbabwe Governor John Mangudya displays the country's new Mosi-oa-Tunya gold coin minted in a bid to stabilise the country's currency [Jekesai Njikizana/AFP] (AFP)

Zimbabwe has launched gold coins to be sold to the public, in a bid to curb an inflation spike that has eroded the country’s unstable currency.

The move was announced on Monday by the country’s central bank, the Reserve Bank of Zimbabwe, which disbursed 2,000 coins to commercial banks.

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