Roving Report – New Zimbabwe $50 note

Zimbabwe Introduces New $50 Note in Economy Devastated by COVID-19 MARYLAND —  The Reserve Bank of Zimbabwe (RBZ) says it will introduce new fifty dollar notes tomorrow [7 July] in a bid to ease transactions for the banking public. In a statement posted on its website, RBZ Governor John Mangudya said, “The Bank shall release…

Roving Report – The New Zimbabwe Dollar (5)

    SI-231-of-2019-RBZ   Bond notes to be gradually removed from circulation Harare (New Ziana) – Bond notes and coins will continue being used as legal tender in Zimbabwe for a limited period of time alongside the new Zimbabwe dollar notes which are being put into circulation this month, a senior government official has said.…

Roving Report – The new Zimbabwe Dollar (3)

Zimbabwe central bank to introduce new dollar note and coins The new money is being introduced to gradually avoid driving up inflation. Zimbabwe’s central bank will introduce some notes and coins in the Zimbabwe dollar currency in the next two weeks, the latest step towards restoring the domestic currency, central bank governor John Mangudya said…

Roving Report – The new Zimbabwe dollar (2)

Chinese Printing New Zim Dollar, To Build New Capital In Mt Hampden, Currency To Be Backed By Gold, Diamond Reserves – Spotlight Report Claims   A report claims that the Chinese government is printing a new Zimbabwe currency which is expected to be launched in early 2020. The new Zimbabwe dollar is set to replace…