LATEST: Bond notes hit the streets
Customers using bond notes to buy groceries at Food World Supermarket along Jason Moyo in Harare – Picture by Kudakwashe Hunda
Herald Reporter
Bond notes have started circulating in the country early today, with minor glitches as Harare depositors scrambled to get the new currency as soon as banks opened their doors.
Retailers and other service providers quickly overcame initial reservations before taking the currency, which is pegged at 1:1 to the US dollar.
Banks started issuing Bond notes today.
Members of the public who spoke to the Herald thanked the Reserve Bank of Zimbabwe for introducing the currency saying it had brought relief in the face of cash shortages.
“Transacting has been made easier,” said a Harare resident, Mr Richard Mbedzi.
Details to follow…
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