World News@lemmy.worldEnglish · 7 months ago

Zimbabwe is grappling with its sixth currency change in 16 years

www.semafor.com

Zimbabwe is grappling with its sixth currency change in 16 years

www.semafor.com

alphacyberranger@sh.itjust.works to

World News@lemmy.worldEnglish · 7 months ago

Zimbabwe is grappling with its sixth currency change in 16 years | Semafor

www.semafor.com

Zimbabwean businesses are yet to fully adopt the country's new gold-back currency which was unveiled last week to curb inflation.

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MakePorkGreatAgain@lemmy.basedcount.com
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7 months ago
2.5 tons of gold doesnt seem like a lot to back the currency of an entire country… so I looked it up. 2.5 tons = 80,000 oz = $186,880,000 (at the moment, gold’s value varies quite a bit).
- Ferris@infosec.pub
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  7 months ago
  that’s 4.15 cubic feet
  - Municipal0379@lemmy.world
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    7 months ago
    Okay, but how many toasters?

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