News / Local
$5 coming in March
15 Jan 2017 at 05:33hrs | Views
The Reserve Bank of Zimbabwe (RBZ) will only release the $5 bond notes into the market in March.
RBZ injected $1 bond coins and $2 bond notes in November last year.
Currently, $72, 9 million of bond notes are now in use.
RBZ Governor John Mangudya said the $5 notes will be released at an appropriate time.
"The $5 notes will be unveiled when it comes at the appropriate time, normally those are issues of security, but they will be on the market during the first quarter around March" he is quoted saying.
Mangudya said they will not flood the market.
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RBZ injected $1 bond coins and $2 bond notes in November last year.
Currently, $72, 9 million of bond notes are now in use.
RBZ Governor John Mangudya said the $5 notes will be released at an appropriate time.
"The $5 notes will be unveiled when it comes at the appropriate time, normally those are issues of security, but they will be on the market during the first quarter around March" he is quoted saying.
Mangudya said they will not flood the market.
.
Source - Byo24News
