Reserve Bank of Zimbabwe to release $5 bond notes in March

Reserve Bank of Zimbabwe governor Dr John Mangudya told The Sunday Mail that the $5 bond notes will be released in March in a gradual manner with the central bank being careful of not over-flooding the market with the currency.

Said Mangudya:

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. We are not going to flood the market but we want to make sure that bond notes continue to be a reliable medium of exchange.

More: Sunday Mail