RBZ will issue small gold coins for public

Gesara.news » News » RBZ will issue small gold coins for public

Share via:

News Date: August 15, 2022

Zimbabwe's central bank will issue small gold coins for affordability by ordinary Zimbabweans.
Zimbabwe will release smaller units of gold coins into the market in November this year to respond to public demand, in a move seen to tackle the country's currency crisis through exchange rate stabilization.
'Following the successful launch of the gold coins on 25 July 2022 and in response to public demand, the Bank shall introduce and release into the market gold coins in units of a tenth ounce, quarter ounce, and half an ounce for sale with effect from mid-November 2022,' RBZ Governor John Mangudya said in his mid-term monetary policy statement released Thursday.
Sources: funancial.news

Ripple XRP joins ISO 20022 The Global Payment Standard

Cross-border payments network Ripple (XRP) announced that it has become part of the ISO 20022 Standards Body, becoming its first member focused on distributed ledger technology (DLT). The new payment messaging standard is set to replace SWIFT MT messages as the standard format for cross-border and high-value payments.
Source:coinspeaker.com

Space Force flag unveiled in Oval Office, presented to Trump

According to a senior administration official, the flag is derived from the Space Force's seal, which features a silver delta symbol surrounded by two constellations cast against the dark blue of outer space.
Source:foxnews.com

Trump:The biggest thing that nobody knows about on January 1st

Many are speculating that on January 1st, Donald Trump will be having the U.S to return to the gold standard, something he is publicly supported for many years.
"This is going to be the biggest thing that nobody even knows about, and it is all signed."
Sources:twitter.com

Trump announces historic deal between Serbia and Kosovo

Serbia and Kosovo have agreed to normalize economic relations, following U.S.-brokered talks that include Serbia moving its Israeli embassy to Jerusalem and Kosovo formally recognizing Israel.
U.S. President Donald Trump made the announcement Friday, after meeting with Kosovo Prime Minister Avdullah Hoti and Serbian President Aleksandar Vucic in the Oval Office earlier in the day.
Sources:twitter.com/WhiteHouse, www.voanews.com

Currency Revaluation RV

A revaluation is a calculated upward adjustment to a country's official exchange rate relative to a chosen baseline.
The baseline can include wage rates, the price of gold, or a foreign currency.
Currency revaluation can be triggered by changes in the interest rates between various countries and large-scale events that affect the overall profitability, or competitiveness, of an economy.
Sources:www.investopedia.com/