Podchaser Logo
Home
Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Released Friday, 19th April 2024
Good episode? Give it some love!
Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Are new banknotes the ‘golden answer’ for Zimbabwe’s currency woes?

Friday, 19th April 2024
Good episode? Give it some love!
Rate Episode

You’ve gone to the grocery store and bought your week’s supplies… so can you imagine receiving your change in sweets, chocolates and other small items?

That’s the situation in Zimbabwe where a shortage of US dollars – and a plummeting Zimbabwean dollar – has now led the government to introduce a new currency pegged to gold.

The Zimbabwean dollar has already lost three quarters of its value this year.

But will this latest move work any better than other attempts by the government to stabilise the economy in the past?

Show More
Rate

Join Podchaser to...

  • Rate podcasts and episodes
  • Follow podcasts and creators
  • Create podcast and episode lists
  • & much more

Episode Tags

Do you host or manage this podcast?
Claim and edit this page to your liking.
,

Unlock more with Podchaser Pro

  • Audience Insights
  • Contact Information
  • Demographics
  • Charts
  • Sponsor History
  • and More!
Pro Features