News / Local
Old US$100 notes remain legal tender
30 Nov 2020 at 06:20hrs | Views
Deputy Finance Minister Clemence Chiduwa has called on businesses to accept US$100 notes issued before 2 006.
This comes as some stores are only accepting the notes only if customers agree to devalue to US$90 or US$85.
Chiduwa said that the Reserve Bank of Zimbabwe had no policy that rejects the use of old US$100 notes in circulation.
In September, the US embassy in Harare said that all designs of US currency remain legal tender, regardless of when they were issued.
This comes as some stores are only accepting the notes only if customers agree to devalue to US$90 or US$85.
Chiduwa said that the Reserve Bank of Zimbabwe had no policy that rejects the use of old US$100 notes in circulation.
In September, the US embassy in Harare said that all designs of US currency remain legal tender, regardless of when they were issued.
Source - Daily News
