Has Mugabe Switched On The Money Printing Machine?
The introduction of a new 5-dollar bond note reminds Zimbabweans of the last time they had a currency of their own, whose biggest denomination was a U.S.$100 trillion note that wasn't enough to buy a loaf of bread. Many ordinary people fear the bond notes may lose value if President Robert Mugabe's government prints more.
Bond Notes.
InFocus
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The state-controlled Herald has claimed that Zimbabweans "have full confidence in" their currency, which is pegged at par with the U.S dollar, making the bond note the "strongest" ... Read more »
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The police used water cannons and tear gas to disperse disperse demonstrators who were protesting against the country's new currency. The government introduced the bond notes to ... Read more »