Zimbabwe: Bond Notes Here to Stay Says Chinamasa

17 January 2018

Zimbabwe's surrogate bond note currency will remain in use until the economy recovers enough to sustain its own monetary unit, finance minister Patrick Chinamasa has said.

The southern african nation abandoned its hyperinflation ravaged currency in 2009 and adopted mainly the US dollar and the South African rand. It introduced the bond notes in 2016 to help ease a shortage of dollar notes.

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