WorldHARARE, AFP -Zimbabweans on Monday greeted their new “bond note” currency with deep suspicion that it could herald the return of hyperinflation that destroyed their savings less than 10 years ago. “They are only giving us bond notes because they don't have real dollars,” Lovemore Chitongo, 40, a shoe salesman in Harare, told AFP. “There is no way the bond note will be equal to the US dollar. The market will determine the exchange rate.” Chitongo was charging $20 per pair of shoes -- but $25 in bond notes. On Monday, $1 bond coins and crisp $2 bond notes -- decorated with Zimbabwe's famous balancing rocks -- were being reluctantly accepted by some shops and taxi drivers.

Source: Sunday Times November 28, 2016 14:42 UTC