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The Reserve Bank of Zimbabwe issued most of the banknotes and other types of currency notes in its history, including the bearer cheques and special agro-cheques ("agro" being short for agricultural) that circulated between 15 September 2003 and 31 December 2008: the Standard Chartered Bank also issued their own emergency cheques from 2003 to 2004.
The Reserve Bank of Zimbabwe announced plans for new Z$5,000 and Z$10,000 coins in June 2005, [65] although these were never actually struck. In its 2014 mid-term monetary policy statement, the Reserve Bank of Zimbabwe (RBZ) said it would import special coins, known as Zimbabwean bond coins, to ease a shortage of change in the economy. Like the ...
In November 2016, backed by a US$200 million loan from the African Export-Import Bank, the Reserve Bank of Zimbabwe began issuing $2 bond notes. [2] Two months later, US$15 million worth of new five-dollar bond notes were also released. [3] Further plans for $10 and $20 bond notes were ruled out by the Reserve Bank's governor John Mangudya. [4]
On 11 November 2019, the Reserve Bank issued regular banknotes for the first time since 2009, with commercial banks releasing them to the general public on the following day: [30] [31] the regular $2 and $5 banknotes were similar to the bond notes, but they did not have the "bond note" inscription on either side. $10 and $20 notes entered ...
Zimbabwe will introduce higher denomination bank notes to increase the amount of cash in circulation, the finance minister said in a government notice on Thursday, at a time inflation is soaring ...
According to a NewsDay article dated 31 May 2024, Governor John Mushayavanhu said that the Reserve Bank of Zimbabwe will not introduce 50 or 200-ZiG notes anytime soon as it fears that the bigger notes will fuel inflation. The notes have been printed and delivered. "We have introduced most of the cash denominations that we said we were going to.
New low-denomination banknotes touted by the government as the solution to the acute cash shortage that has crippled Zimbabwe's economy failed to arrive on Monday, leaving banks in confusion and ...
Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright rejection by the people. The ZiG was introduced electronically in ...