Zimbabwe: RBZ Has No Appetite for $100 Notes, Allocates U.S.$36m Through Auction

13 January 2021

The Reserve Bank of Zimbabwe (RBZ) says it is working on introducing a new $50 note on the market, but dismissed immediately recent media reports it would also bring in higher denominations of $100 and $200 notes.

This was confirmed by the central bank governor John Mangudya in a statement.

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