zimbabwe says to introduce us bond notes next month
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Zimbabwe says to introduce US 'bond notes' next month

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Arab Today, arab today Zimbabwe says to introduce US 'bond notes' next month

bond notes in Zimbabwe.
Harare - Arab Today

Zimbabwe announced Thursday that "bond notes" equivalent to the US dollar would be introduced in October, sparking fears of a return to the hyperinflation that wrecked the economy several years ago.

"The bond notes will start to circulate by the end of October and will be at par with the US dollar," Reserve Bank of Zimbabwe governor John Mangudya said in Harare.

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