AUTHORITIES are hoping that the first batch of 2 000 gold coins that the Reserve Bank of Zimbabwe (RBZ) has rolled out will help to stabilise the under pressure local currency and rising prices of basic goods.
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Speaking in Harare yesterday, RBZ governor John Mangudya said the coins — worth US$1 823,80 each or $805 745,35 — would absorb the excess liquidity in the market which was chasing money on the parallel market, fuelling inflation and prices insta
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