Reserve Bank of Zimbabwe governor John Mangudya has called on Zimbabweans to embrace plastic money as the $5 bond note is only coming in March and it will be released gradually like he did with the $2 note.
The bank is using a cautious approach to release new notes to avoid a flood which could fuel the black market.
So far the bond note has stood its ground against the United States dollar.
The introduction of the bond notes in November last year was greeted with a lot of sceptism as most people feared that this would fuel hyperinflation.
(63 VIEWS)
0 Comments