FULL TEXT: All Notes And Coins Issued By The Bank Are Still Legal Tender – RBZ

The RBZ has released the following statement which emphasises that all notes and coins are still a legal tender in the country. Read the full statement below:

PRESS STATEMENT ON THE USE OF BANK NOTES AND COINS

The Bank would like to advise the public that the notes and coins issued by the Bank and currently in circulation are still legal tender.

For the avoidance of doubt, the notes and coins which are legal tender are bond coins, bond in notes $2 and $S and banknotes in denominations $2, $5, $10 and$20.

The Bank would also like to urge members of the public who wish to exchange coins and old notes for new ones to do so through their banks which are mandated to serve their custorners.

John P Mangudya Governor
19 June 2020

The statement come amid reports that vendors and some informal traders are refusing $2 notes and coins from their customers.

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