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US dollar demand – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 25 Apr 2023 06:30:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png US dollar demand – DIGIT INFO https://www.digit.info 32 32 Report: Zimbabwe’s Central Bank Says Upcoming Gold-Backed Digital Currency to Help Reduce Demand for US Dollar https://www.digit.info/report-zimbabwes-central-bank-says-upcoming-gold-backed-digital-currency-to-help-reduce-demand-for-us-dollar/ Tue, 25 Apr 2023 06:30:30 +0000 https://www.digit.info/2023/04/25/report-zimbabwes-central-bank-says-upcoming-gold-backed-digital-currency-to-help-reduce-demand-for-us-dollar/ Read more]]> The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand for the U.S. dollar. Taming High Demand for the US Dollar The Zimbabwean central bank has […]

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