Reserve Bank of Zimbabwe releases ‘bond notes’ amid public anger
Bond notes to be released in smaller denominations first, central bank explains, to help reassure general public
The Reserve Bank of Zimbabwe released $10 million worth of "bond notes" into circulation today (November 28) as it attempts to avert a cash crisis and a return to hyperinflation.
The bond notes will be released into the market through normal banking channels in small denominations, the central bank said in a statement. $2 and $5 notes will be introduced and circulate alongside the $1 bond coin, which was released over a year ago.
"The initial release of bond notes shall be in an amount of $10
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