{"id":15500,"date":"2019-11-03T19:55:53","date_gmt":"2019-11-03T17:55:53","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=15500"},"modified":"2019-11-03T19:55:53","modified_gmt":"2019-11-03T17:55:53","slug":"central-bank-ready-to-release-cash-after-a-decade-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/central-bank-ready-to-release-cash-after-a-decade-2","title":{"rendered":"Central bank ready to release cash after a decade"},"content":{"rendered":"<p>Zimbabwe\u2019s <a href=\"http:\/\/www.centralbank.ie\/\">central bank<\/a> is preparing to release new Z$2 ($0.13) and Z$5 banknotes that will come into circulation this month after a decade-long absence, according to a release in a government gazette.<\/p>\n<p>Since the reintroduction of the Zimbabwe dollar as the sole legal tender in June, transactions have been conducted in bond notes and coins, which, until February, had been pegged at par to the U.S dollar.<\/p>\n<p>The Monetary Policy Committee is boosting the domestic availability of cash through a gradual increase in supply over the next six months, Central Bank Governor John Mangudya said on Oct. 29.<\/p>\n<p>Read here about money shortages in Zimbabwe<\/p>\n<p>Zimbabwe is suffering rampant inflation, which stood at 17.7% a month in September. The Zimbabwe National Statistics Agency isn\u2019t reporting year-on-year figures until February 2020, arguing that it needs the time to collect comparable data after the introduction of the new currency earlier this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zimbabwe\u2019s central bank is preparing to release new Z$2 ($0.13) and Z$5 banknotes that will come into circulation this month after a decade-long absence, according to a release in a government gazette. Since the reintroduction of the Zimbabwe dollar as the sole legal tender in June, transactions have been conducted in bond notes and coins, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":13657,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12],"tags":[327,450,653],"class_list":{"0":"post-15500","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-policy","9":"tag-inflation","10":"tag-mangudya","11":"tag-rbz"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Central bank ready to release cash after a decade - zimbabwe<\/title>\n<meta name=\"description\" content=\"Zimbabwe\u2019s central bank is preparing to release new Z$2 ($0.13) and Z$5 banknotes that will come into circulation this month after a decade-long\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/central-bank-ready-to-release-cash-after-a-decade-2\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central bank ready to release cash after a decade\" \/>\n<meta property=\"og:description\" content=\"Zimbabwe\u2019s central bank is preparing to release new Z$2 ($0.13) and Z$5 banknotes that will come into circulation this month after a decade-long\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/central-bank-ready-to-release-cash-after-a-decade-2\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-03T17:55:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/2019\/09\/x0811-1-1-RBZ-BUILDING.jpg.pagespeed.ic_.uJQMjFTA_l.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"680\" \/>\n\t<meta property=\"og:image:height\" content=\"380\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/central-bank-ready-to-release-cash-after-a-decade-2\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/central-bank-ready-to-release-cash-after-a-decade-2\",\"name\":\"Central bank ready to release cash after a decade - 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