Dr John Mangudya, the governor of the Reserve Bank of Zimbabwe has dismissed as fake news the purported leaked ZW$25 coins of the soon to come new currency.
Speaking to the Herald in an interview from New York, Mangudya said:
It’s all fake news; I don’t know what is happening back home (in terms of spreading false information).
There is nothing like that. I think there is a lot that is happening underground because the intensity of what is going on is alarming.
We can do with less bad news as a country. This bad news is unhelpful to the economy.
Mangudya speaks when the country is expecting the new currency to be introduced anytime from now.
Zimbabwe abandoned the multicurrency system after using it for a decade. Through Statutory Instrument 142 of 2019, the government also reintroduced the Zimbabwe Dollar.
The new currency is yet to be printed.
More: The Herald
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