Zimbabwe central bank to unveil new notes

Published
The Central Bank of Zimbabwe has announced it will introduce some notes and coins in Zimbabwean dollar in the next two weeks.

Central bank governor John Mangudya said Tuesday, this is part of the latest steps to restore the domestic currency.

He said the new money, which consists of 5 dollar and 2 dollar coins, will be introduced gradually to avoid driving up inflation.

The currency will circulate alongside the bond notes and coins introduced in 2016 as a surrogate for U.S dollars, which the…
READ MORE : http://www.africanews.com/2019/10/29/zimbabwe-central-bank-to-unveil-new-notes

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Category
Zimbabwe
Tags
zimbabwe, central bank, reserve bank, new currency, bank