Zimbabwe Releases $15m Worth of New $5 Bond Notes
By Godfrey Marawanyika
(Bloomberg) — Zimbabwe’s central bank has released $15m worth of $5 bond notes to ease currency shortages and increase exports, Central Bank Gov. John Mangudya said in a telephone interview.
- Brings total to $87.9m, which is 77.9% of the aggregate value of export incentive scheme, Mangudya said
- Zimbabwe first released $2 bond notes late last year; bond notes are at par with USD
- Banks have limited daily withdrawal limits to $60-$100