INTRODUCTION OF $20 NOTE DELAYED : MTHULI NCUBE

TREASURY is taking caution not to upset the market through
increased money supply by delaying the introduction of the $20 note and other
higher denominations.

Following the introduction of the $10 note at the end of
May, the Reserve Bank of Zimbabwe…

TREASURY is taking caution not to upset the market through increased money supply by delaying the introduction of the $20 note and other higher denominations. Following the introduction of the $10 note at the end of May, the Reserve Bank of Zimbabwe (RBZ) had initially announced that the $20 note would be in circulation by the first week of June. However, despite helping ease cash shortages