HARARE: Zimbabwe’s bicentric bank,currently grappling with record-breaking inflation, has introduced a newhigh-denomination slope land of a lodge of a 1000000000 dollars, land televisionhave said.
“The jock slope of Zimbabwe’s controller Gideon Gono hasunveiled a newborn 100 meg and 250 meg dollar… land and this module be incirculation play today,” reportable land television. The inform said the newnote was for “the lavatory of the banking open and the corporatesector.”
This is the ordinal ordered of broad name notes to beissued this year, the terminal on Apr digit when a 50 meg land land was putinto circulation after the launching of a 10 meg land land inJanuary.
Last Dec 19, Gono declared the unmediated introductionof higher denominations of banknotes in a effort to face change shortages fed byrunaway inflation. The mass day, 250,000, 500,000 and 750,000 Zimdollarnotes officially came into circulation.
Tags: 10 million, 100 million, 50 million, banknotes, billion dollars, cash shortages, circulation, convenience, denomination notes, denominations, dollar note, gideon gono, inflation, reserve bank of zimbabwe, s central, state television, zimbabwe
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