[central Bank of Zimbabwe to launch Gold-based Digital currency] April 23-the Reserve Bank of Zimbabwe (central bank) said on the 23rd that as part of its intervention to stabilize the local currency, the central bank will launch a gold-based digital currency to trade in Zimbabwe as legal tender in the country. Zimbabwe's central bank said the introduction of a digital gold currency would be the first step for the central bank to use the country's gold reserves to stabilize Zimbabwe's own currency, the Zimbabwe dollar. This measure will allow holders of small amounts of Zimbabwean dollars to convert their money into digital gold currencies in order to store value and avoid the risk of exchange rate fluctuations. At the same time, the central bank said it would continue to issue more "thunder, rain and fog" gold coins to curb the recent depreciation of the Zimbabwean dollar in parallel markets.