Zimbabwe's Central Bank to Inject More Bond Coins

As the cash crisis worsens, the Reserve bank of Zimbabwe is moving to inject U.S.$3 million worth of additional bond coins to meet the demand for smaller denominations and end the current change crisis. The shortage of U.S. dollars forced the government to introduce bond notes giving them the same value as the U.S. dollar. The surrogate currency, however, has not been able to address the country's cash crisis.

Bond coins.


See What Everyone is Watching

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 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.