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Home » Zimbabwe to introduce higher denomination notes

Zimbabwe to introduce higher denomination notes

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THE Reserve Bank of Zimbabwe (RBZ) is soon expected to introduce higher denomination notes, as part of a long-stated plan and which will see the amount of physical cash in circulation doubling to $3 billion, officials say. This comes as the country’s monetary authorities in June introduced $10 and $20 notes, as year-on-year inflation spiraled…

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