Pounded harder by hyperinflation, Zimbabwe’s Central Bank recently indicated that it will print high denomination banknotes, ostensibly to increase physical money supply and curb cash shortages.
HARARE (Reuters) - New low-denomination banknotes touted by the government as the solution to the acute cash shortage that has crippled Zimbabwe's economy failed to arrive on Monday, leaving banks in ...
Zimbabwean banks started distributing low-denominated banknotes on Tuesday to help end a crippling cash shortage, more than a decade since the nation had its own hard currency. However, strict ...
ZIMBABWE will start circulating a new 50 Zimbabwe dollar note from today, central bank governor John Mangudya said, as authorities gradually introduce higher denominations in a country haunted by ...
Zimbabwe will start circulating a new 50 Zimbabwe dollar note from Wednesday, central bank governor John Mangudya said, as authorities gradually introduce higher denominations in a country still ...
"Everyone finds selling on the streets the easiest way to survive, but you have to be creative." Noel Ngwenya, 44, from Chivi District of Masvingo Province spends his working days in downtown Bulawayo ...
'As long as we have inflation in triple digits and still going up, the new currency will not hold,' an independent economic analyst says. A man shows a wad of the new Zimbabwe two-dollar notes he ...
HARARE (Reuters) - Zimbabwe's central bank will introduce new higher denomination banknotes of up to 100 million Zimbabwe dollars, as it battles to contain hyperinflation, state media reported on ...
The Zimbabwe government can no longer afford to pay for the ink and special paper needed to print the local currency according to the state-controlled Herald Newspaper. It said the government had no ...
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