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RBZ Foreign Currency & Gold Prices Update

RBZ Interbank Foreign Currency Exchange Rate Gold Coin and Gold-backed Digital Token Prices 11 September 2024

ZwNews.com

RBZ Interbank Foreign Currency Exchange Rate

On 11 September 2024, the Reserve Bank of Zimbabwe (RBZ) published the latest figures for the interbank foreign currency exchange rate. This update is crucial for businesses and individuals involved in foreign transactions as it affects the cost of imports, exports, and international remittances.

Gold Coin Prices

The RBZ also released the current pricing for gold coins. These coins are a significant aspect of Zimbabwe’s monetary policy, serving as a hedge against inflation and a store of value for investors.

Gold-backed Digital Token Prices

Additionally, the prices for gold-backed digital tokens were updated. These digital assets, introduced by the RBZ, are pegged to the value of gold and are part of a broader initiative to integrate blockchain technology into the country’s financial system.

Key Takeaways

  • The interbank foreign currency exchange rate has been updated by the RBZ, impacting various economic activities.
  • Gold coin prices have been announced, offering a traditional investment option.
  • Gold-backed digital token prices are now available, reflecting Zimbabwe’s move towards digital financial solutions.

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