Zimbabwe plans to introduce a new currency in a bid to ease shortages of the bond note in one weeks time, according to Central Bank Governer, John Mangudya.
Mangudya said that he would introduce a new currency to address biting liquidity shortages in the economy and regain monetary policy control and that the new currency will be circulated alongside the bond notes and coins introduced in 2016. The new currency will consist of 2 dollar coins and 5 dollar notes.
