Harare
Queues
Reuters
US
Zimbabwe

Zimbabweans queue outside banks as new currency begins trading

Queues formed outside banks in the Zimbabwean capital Harare on Friday as the central bank opened trading of a new currency, a Reuters witness said.

Zimbabwe’s central bank announced on Wednesday that it would scrap the peg between its quasi-currency bond note and the US dollar, creating a new currency from the bond notes and notional electronic dollars that will be known as RTGS dollars.

Share this Post

by

Search