The Reserve Bank of Zimbabwe has announces imminent introduction of Z$100 note.

This comes as an indication of how the local currency is continuously losing its value.

While month-on-month inflation declined from 6.99% in February to 6.31% in March, annual inflation rose from 66.77% to 72.7%.

The Zimbabwean dollar has lost its purchasing power, with market watchers calling for a total dollarisation.

Zwnews