Introduction Of Local Bank Notes Brings Uncertainty In Zimbabwe

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Published Oct 26, 2016

Zimbabwe’s fragile economic situation is sinking to even greater depths. That's amid indications that U.S. dollar denominations are disappearing from circulation. The government has planned to circulate local bond notes, with residents wary of yet another ripple in the economy. Zimbabwe recently cleared its 15-year financial arrears with the International Monetary Fund, a first step towards a new IMF loan programme for the cash-starved country. CCTV's Maria Galang reports.