Eddie Cross: Printing Delayed New Zimbabwe Dollar Re-introduction

A member of the newly-established Monetary Policy Committee advising the Reserve Bank of Zimbabwe (RBZ), Eddie Cross, has stood by his remarks that a new currency will be released in November this year.

This follows a statement on Thursday by government spokesperson, Ndavaningi Nick Mangwana, that Cross does not speak for the government or the RBZ. Said Cross:

It’s nothing new (what he said). The president announced a few months ago that we will have a currency by November. The delays were because of printing otherwise it would have been introduced in September.

On Wednesday, Cross told the Zimbabwe Broadcasting Corporation (ZBC) that the real Zimbabwe dollar will be issued in November.

The government announced in June that it was reintroducing the Zimbabwe dollar, though the “new” currency was in the form of already existing electronic balances alongside bond notes and coins.

More: ZimLive


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2 comments on “Eddie Cross: Printing Delayed New Zimbabwe Dollar Re-introduction

  1. Mr Cross: tell us the truth and more of it as to when the new money is coming, how much of it is coming and how will it be distributed and who will be able to access it. Will ATM’s always have the Zimbabwe Dollar available or will the banks play their nefarious exchange rate games and only issue $50 per day per customer. C’mon Cross, tell us what is gpong to happen and when. Don’t be like all those other ant-people civil servants who work at Treasury or RBZ. We want the truth – we are tired of all these lies.

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