Central Banking

Zimbabwe begins issuing new 'money'

The Reserve Bank of Zimbabwe launched its new temporary bank notes on Tuesday. The so-called "bearer checks" resemble bank notes but will only be valid as legal tender until January 31, the Reserve Bank said.

Source: Sapa

The now-routine long lines of customers outside banks eased on Tuesday for the first time in two months after Zimbabwe's central bank launched new temporary bank notes printed in full only on one side.

The poor quality notes, valid as legal tender until January 31, are the latest

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