RBZ responds to WhatsApp message it is introducing new currency

The Reserve Bank of Zimbabwe (RBZ) has dismissed a message calling on Zimbabweans to deposit all bond notes claiming the Central Bank wants to replace them with a new currency in November.

Speaking at the Institute of Administration and Commerce annual conference in Victoria Fall, RBZ Deputy Governor Kupukile Mlambo, said contrary to the message circulating on WhatsApp, RBZ will soon release $300 million more bond notes after the initial $200 million facility was exhausted. Said Mlambo:

The message that the RBZ wants all bond notes by 1 November 2017 is definitely not from us. The bond notes have no expiry date and as long as that facility is still available we shall continue using the bond notes.

More: Chronicle

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