The Reserve Bank of Zimbabwe first introduced its new project in April, with each issued digital token backed by a physical amount of gold held in the bank’s reserves. 16432 .

The Reserve Bank of Zimbabwe (RBZ) has initiated studies of blockchain technology with a view to subsequently embrace the technology and integrate it into the bank’s business processes, local ...

Reserve Bank of Zimbabwe Governor, John Mangudya holds a sample of a gold coin at the launch in Harare, Monday, July, 25, 2022.Zimbabwe has launched gold coins to be sold to the public in a bid to ...

Zimbabwe’s bank chief cranks out cash. By Robyn Dixon . Jan. 1, 2009 12 AM PT . ... Under his leadership, the Reserve Bank has taken on myriad tasks unrelated to central banking: ...

WASHINGTON April 25, 2025 – The World Bank announced the Reserve Bank of Zimbabwe (RBZ) as the latest member of the Reserve Advisory & Management Partnership (RAMP). RBZ joins RAMP through a World ...

Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal.

Zimbabwe’s central bank said it will start issuing on Monday $10 million in so-called bond notes, a parallel currency meant to alleviate a severe shortage of U.S. dollars in the country.

The Reserve Bank is taking all the necessary steps to ensure that the public is not prejudiced and there is value preservation and transactional convenience during this transitional period.” ...

Zimbabwe, which has been using the U.S. dollar for the past decade, effectively introduces its own currency again, admitting that dollars stored in local bank accounts are worth only a fraction of ...