Reserve Bank of Zimbabwe
Zimbabwe’s cash-starved government prints new banknotes
Reserve Bank starts printing higher denominated notes ‘to meet required cash demands’
20 October 2019 - 19:17
Zimbabwe’s cash-strapped government has started printing new banknotes to ease cash shortages that have seen the few notes in circulation being traded at a premium on the parallel market.
Economists, however, warn that the printing of cash might further fuel hyperinflation that is now the second highest in the world after Venezuela...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now