Dr John Mangudya – newzimbabwevision

‘The new currency of Bond notes has ran out at most commercial banks’- Reserve Bank of Zimbabwe

Posted on December 5, 2016 by newzimbabwevision

Barely a week after the Reserve Bank of Zimbabwe introduced bond notes, the new currency has ran out at most commercial banks.Barely a week after the Reserve Bank of Zimbabwe introduced bond notes, the new currency has ran out at most commercial banks. Last week, the central bank released about $12 million of new cash. “The banks have run out of bonds notes in their vaults. We will be having a meeting with the…

‘Bond notes will start circulating by the end of next month’- Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya

Posted on September 16, 2016September 16, 2016 by newzimbabwevision

THE Reserve Bank of Zimbabwe (RBZ) has announced that bond notes will start circulating by the end of next month with an initial equivalent of about $75 million injected into the market by the end of the year. Presenting his Mid-Term Monetary Policy Statement yesterday, RBZ Governor, Dr John Mangudya, said the bond notes strategy would impact positively on the economy as he appealed for Zimbabweans to have trust and confidence in the merits of the…