HARARE, Oct 29 (Reuters) - Zimbabwe’s central bank will introduce a new currency in the next two weeks, which will circulate alongside the bond notes and coins, the latest step towards restoring a domestic currency, the central bank governor said on Tuesday.
John Mangudya said the new currency would consist of 5 dollar notes and 2 dollar coins and would be introduced gradually to prevent driving up inflation.
(Reporting by MacDonald Dzirutwe; Editing by Alison Williams)
((Tanisha.Heiberg@thomsonreuters.com; +27117753034; Reuters Messaging: tanisha.heiberg.thomsonreuters.com@reuters.net))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.