Zimbabwe will introduce bond notes on 28 November

The Reserve Bank of Zimbabwe has formally announced that the already infamous Zimbabwian Bond Notes will be issued from 28 November 2016. The new notes are pegged 1:1 to the US dollar and will be issued in denominations of 2- and 5-dollar. 

Rumours surrounding the introduction of the bond notes have led to some of the biggest protests in the already turbulent country. Many people don't want the new notes dreading a return to the days of hyperinflation of the past. 

image from banknotenews.com

Steven Sunday 27 November 2016 at 8:38 pm | | news
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