Zimbabwe’s government has released more money into the market in order to deal with economic and financial problems affecting the country.
With strikes looming ahead due to non payment of civil servants bonus, the treasury has been forced to authorise more money into the troubled market.
The Reserve Bank of Zimbabwe (RBZ) has released five dollar bond notes worth fifteen million dollars into the domestic market starting yesterday, Thursday.
The RBZ Governor Doctor John Mangudya confirmed this latest development saying this brings the total amount of bond notes released to date to US$87.9 million which is 77.8 percent of the aggregate value of the export incentive scheme.
Dr Mangudya also said the security features of the five dollar bond notes are similar to those of the two dollar bond notes.