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National Bank to Import Small U.S Dollar Denominations

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[The Herald] The Reserve Bank of Zimbabwe will import, largely, low dollar denominations to curb the incessant large scale outflow of US dollars This comes as the central bank is working on introducing bond notes, backed by a $200 million Afreximbank facility to bridge the cash and liquidity gap and also provide an export incentive to stimulate and grow the economy. RBZ foreign exchange control director Mr Morris Mpofu said large denominations such as the $50 and $100 notes appeal to people who are moving the cash out ......

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