RBZ responds to report it is introducing $10, $20 & $50 bond notes & banning the use of Mastercard outside Zim

The Reserve Bank of Zimbabwe (the “Bank”) wishes to advise members of the public of the false and malicious statements being circulated on social media regarding the introduction of $10, $20 and $52 bald notes, the prohibition of use of MasterCard, Visa Card and Maestro outside the count, and the rapping of certain Government departments over failure to bank cash. These statements are false snot should be treated with the contempt they deserve.
The Bank dismisses the statements in their- entirety as false, irresponsible, mischievous and malicious as neither the Governor and any officer of the Bank has held any such press briefing a. made the statements as alleged.
The statements are not only false but dangerous as they are calculated to cause unnecessary anxiety, panic, alarm and despondency within the economy. The statements are also calculated to discredit Government and the Bank’s progressive efforts to stabilise the economy and fuel chaos in the economy by targeting the sensitive financial sector.

Introducing the Pindula News Mobil App
Download from Google Play Store

Reserve Bank of Zimbabwe

The Reserve Bank of Zimbabwe (RBZ) is the central bank of Zimbabwe. Its offices are located at number 80 Samora Machel Avenue in Harare. The Reserve Bank of Zimbabwe operates under the Reserve Bank of Zimbabwe Act, Chapter 22: 15 of 1964. The Act provides... Read More About Reserve Bank of Zimbabwe

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/DmWD38e3wX19qlUdot4KpJ

Telegram Group: https://t.me/pindula

Back to top

Write a Comment

Your email address will not be published.

Share Full Post

Nyaradzo logo

RSS Recent Profiles Created

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.