Zimbabwe cuts rates first globally after US-Iran peace deal
Zimbabwe’s central bank became the first in the world to cut interest rates after the US and Iran said they reached an interim peace deal to reopen the Strait of Hormuz, an announcement that drove down oil prices. The monetary policy committee lowered the benchmark interest rate to 30% from 35%, Governor John Mushayavanhu said… Source
Black News 
Zimbabwe’s central bank became the first in the world to cut interest rates after the US and Iran said they reached an interim peace deal to reopen the Strait of Hormuz, an announcement that drove down oil prices. The monetary policy committee lowered the benchmark interest rate to 30% from 35%, Governor John Mushayavanhu said…
