zim dollar

Zimbabweans will soon be asked to surrender their Zimbabwe dollar notes to the Reserve Bank of Zimbabwe in exchange for United States dollars as part of a demonetisation exercise to bring finality to issues of local currency holdings.
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BULAWAYO - The Reserve Bank of Zimbabwe (RBZ) has announced that some Zimbabwe dollar account holders will get more than $5 in compensation.
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HARARE - Zimbabwean products are expensive as “companies have failed to leave the Zimbabwe dollar mentality” of charging high prices, central bank governor John Mangudya said.
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The Reserve Bank of Zimbabwe on December 5 unveiled a set of new bonded coins worth $10 million, which will start circulating on December 18, in a bid to ease the shortage of lower denomination currency, but repeated assurances it would not…
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DITCHED in February 2009 in favour of the United States dollar, wads of Zimbabwean dollar notes, bearer’s cheques and coins minted by the Reserve Bank of Zimbabwe are readily available in some parts of South Africa — for a price — and are a…
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HARARE - The new special coins set to be introduced by the Reserve Bank of Zimbabwe (RBZ) are not linked to reintroduction of the Zimbabwe Dollar, Finance minister Patrick Chinamasa insists.
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MUTARE - The Zimbabwe dollar (Zim Dollar) will not come back into circulation until the public regains trust in the eschewed currency, Bankers Association of Zimbabwe (Baz) president, Sam Malaba said.
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Former finance minister Tendai Biti, has warned against the re-introduction of the local currency saying doing so would be the ‘stupidest’ thing for the ZANU PF government to do.
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In 2008 in an 18-month ‘experiment’, foreign currency was accepted as legal tender for transactions with a set number of retailers. However, months later, in March of 2009, the then acting Finance Minister, Patrick Chinamasa announced that…
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HARARE - The Reserve Bank of Zimbabwe (RBZ) announced Wednesday that it was adding the Indian Rupee to the basket of currencies to be circulated in the country. This it said was in view of the growing trade between the two countries.
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