RBZ Responds To "Leaked New Currency $10 & $25 Coins" Pictures

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.

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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