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RBZ Dismisses Reports Bond Notes Will Be Discontinued On January 26

5 years agoWed, 23 Jan 2019 23:20:12 GMT
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RBZ Dismisses Reports Bond Notes Will Be Discontinued On January 26

In a statement to ZBC News, the Reserve Bank of Zimbabwe (RBZ) dismissed social media reports that bond notes will be discontinued on January 26.

RBZ governor John Mangudya said the article circulating on social media is misleading and meant to cause panic and confusion. Said Mangudya:

The article is not only misleading but is designed to cause confusion, panic and despondency within the economy. Members of the public should not be misled by such counterproductive articles.

In the past few days, there have been reports circulating on social media suggesting that bond notes would be phased out on January 26 and urging people to dispose the currency as soon as possible.


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