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Zimbabwe: Central Bank to Print Even More Bond Notes
New Zimbabwe, 27 June 2019
The Reserve Bank of Zimbabwe (RBZ), will print an extra $400 million in bond notes and coins to cover the gap left by the withdrawal of hard currencies, Governor John Mangudya said… Read more »
Zimbabwe Turns On the Money Machine
An extra U.S.$400 million in bond notes and coins will be printed to cover the gap left by the withdrawal of hard currencies, Reserve Bank Governor John Mangudya has said. The government reintroduced the Zimbabwe dollar, which was abandoned because of hyperinflation in 2009, when the country mainly adopted the U.S. Dollar and the South African Rand.
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Zimbabwe: Workers Threaten Mass Action Over Scrapping of Multi-Currency
263Chat, 25 June 2019
The Zimbabwe Congress of Trade Union (ZCTU) has threatened government with mass action should it fail to dollarise the economy and pay workers in United States dollars. Read more »
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Zimbabwe: Govt to Revisit Foreign Currency Policy 'Grey Areas'
New Zimbabwe, 27 June 2019
AS government moves to fine-tune its latest policy on the country's financial system that saw the abolishment of the multi-currency system this week and the designation of the… Read more »
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Zimbabwe: What Do You Think About Return of the Zimbabwean Dollar?
This is Africa, 26 June 2019
The Reserve Bank of Zimbabwe announced the re-introduction of the Zimbabwean Dollar replacing the multiple currency system in use since 2009 when hyper-inflation forced the country… Read more »
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Zimbabwe: 'Currency Reforms to Stabilise Economy'
The Herald, 25 June 2019
Industrialists, labour and economists have thrown their weight behind currency reforms, which culminated in the scrapping of the multi-currency system on local transactions, saying… Read more »
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Zimbabwe: Govt Puts Trust in Old Dollar
RFI, 26 June 2019
Zimbabwe declares an end to the multi-currency regime and restricts domestic transaction in its renamed Zimbabwe dollar, in an effort to enhance the affordability of goods and… Read more »
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Zimbabwe: Mixed Feelings Over Govt Scrapping of Multi-Currencies
New Zimbabwe, 25 June 2019
The business community in Zimbabwe has expressed mixed feelings over government's move to ban the multi-currency system in favour of the Zimbabwean dollar. Read more »
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Zimbabwe: International Remittances Recipients to Get Forex
The Herald, 27 June 2019
Recipients of international remittances will continue receiving money in hard currency following the abolishment of multi-currency system or can be paid in local currency at a… Read more »
InFocus
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"With effect from the 24th June, 2019, the British pound, United States dollar, South African rand, Botswana pula and any other foreign currency whatsoever shall no longer be legal ... Read more »
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The Zimbabwe government is working on modalities to introduce a new currency, which will be the sole legal tender for domestic transactions, within the next nine months, President ... Read more »
