Zimbabweans should brace themselves for another new currency known as ‘bond notes’.
This will be introduced soon to ease cash challenges.
Zimbabwe will soon have $2, $5, $10 and $20 Zimbabwe bond notes backed by a US$200 million facility.
The reserve bank has also issued new cash withdrawal limits.
What are the new daily cash withdrawal limits for May 2016 in Zimbabwe banks?
Daily cash withdrawal limit to be pegged at US$1000 while the maximum cash to be taken outside the country has been reduced to US$5 000 from US$10 000.
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