HARARE, Zimbabwe – Zimbabwe has issued its own currency for the first time since 2009 to try to ease biting shortages of the U.S dollar. Banks started issuing the new currency, called bond notes, ...
HARARE, Zimbabwe – A bank official says cash-strapped Zimbabwe soon will begin using notes issued by its own reserve bank for the first time since 2009. Reserve Bank of Zimbabwe governor John Mangudya ...
Zimbabwe has a new currency. Well...sort of. The Reserve Bank of Zimbabwe released the first tranche of notes for a new pseudo-currency called bond notes on Monday. A $10 million batch of two and five ...
That Zimbabwe's currency disappeared up its own printing press we know. The last notes to roll off the line were one hundred trillion dollar ones and they were worth about enough for a weekly bus pass ...
HARARE, May 14 (Reuters) - Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation, the finance minister said in a government notice on Thursday, at a time ...
It’s called a dollar, and worth a dollar – at least for now. But it has nothing to do with the U.S. Federal Reserve. Zimbabwe has started issuing so-called bond notes in a bid to ease a chronic ...
HOW much is an American dollar worth? The glib answer is exactly one buck. But that is far from the case if the dollar in question is one of Zimbabwe’s “bond notes”, the world’s newest currency that ...
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