By AFPMore by this AuthorHarareCash-strapped Zimbabweans began using new banknotes and coins Tuesday, as the nation's central bank seeks to ease chronic shortages. NEW MONEYNew two and five-dollar notes were disbursed by the central bank on Monday. One Zimbabwean dollar is currently worth around six US cents. Advertisement"Bond" notes -- a legal tender pegged to the US dollar -- were introduced in 2016 to alleviate chronic cash shortages and ease a transition back to Zimbabwean dollars. CASH-STRAPPEDWithdrawals remain capped at a maximum of 300 new Zimbabwean dollars ($18) per week per customer - which buys less than three kilogrammes of beef.

Source: Daily Nation November 12, 2019 14:02 UTC