Contrary to what members of Government declared days ago, on Tuesday Professor Mthuli Ncube, Finance and Economic Development Minister, declared the Zimbabwe is not in a hurry to issue new Zimbabwean dollar notes and coins, but rather focused on the need to replace soiled ones.
There are now dealers that for a fee convert RTGS bank balances into actual currency, because the mass of actual currency in circulation is woefully insufficient to cover the needs of commerce.
The rate to convert “bond dollars” to real U.S. dollars stands now at about 10 to 1.
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