Home News Breaking: RBZ To Introduce New Notes.

Breaking: RBZ To Introduce New Notes.


Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mangudya has just announced that the central bank will release a new currency in two weeks.

It will introduce new $2 and $5 Zimbabwe Dollar notes and not bond notes as well as $2 bond coins in circulation in the next two weeks.

The governor dropped the bombshell at the inaugural press conference given by the Monetary Policy Committee (MPC) on Tuesday afternoon.

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President Emmerson Mnangagwa and Finance Minister Mthuli Ncube had previously said that Zimbabwe would have a new currency before the end of the year.  However, they were accused of ambushing Zimbabwean citizens and the business committee when they introduced the RTGS$ as new currency barely a month later.

More to follow…


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