Zimbabwe: New Coins, Notes Hit Market

12 November 2019

Local banks started the issuance of the new Zimbabwean dollar coins and notes as of this morning following a ZWL$30 million allocation to banks by the Reserve Bank of Zimbabwe (RBZ), 263Chat Business can report.

The new notes are expected to ease liquidity crisis in the market resulting in people paying more to get cash which is usually sold at a premium on the black market.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.