The new currency, which closely resembles the former Zimbabwe dollar, comes in $2 notes and $1 coins. The central bank on Monday issued $10 million in US dollar-equivalent “bond notes”, ignoring resistance from citizens and companies who feared a return to the days of hyperinflation. “We thought there would be a difference after the introduction of bond notes but nothing has changed so far,” Nyakusvipa told AFP. ALSO READ: Zimbabwe introduces ‘bond notes’ to ease cash crunchThe adoption of foreign currencies like the US dollar and the South African rand brought relative economic stability. An AFP correspondent also found that some fuel stations were refusing payment in bond notes.
Source: Mint November 30, 2016 10:56 UTC