{"id":23194,"date":"2020-05-15T21:48:52","date_gmt":"2020-05-15T19:48:52","guid":{"rendered":"https:\/\/www.africa-press.com\/zimbabwe\/?p=23194"},"modified":"2020-05-15T21:48:52","modified_gmt":"2020-05-15T19:48:52","slug":"zimbabwe-introduces-new-higher-bank-notes","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-introduces-new-higher-bank-notes","title":{"rendered":"Zimbabwe introduces new higher bank notes"},"content":{"rendered":"<p>THE Reserve Bank of Zimbabwe (RBZ) has introduced new $10 and $20 bank notes and reviewed upwards weekly withdrawal limit to $1000 from $300.<\/p>\n<p>In a statement today RBZ Governor, Dr John Mangudya, said the $10 notes will be in circulation by Tuesday next week with $20 notes set to be injected into the market early next month.<\/p>\n<p>\u201cThe RBZ wishes to advise the public that the $10 and $20 dollar bank notes issued on 14 May 2020 through Statutory Instrument 103A of 2020 will come into circulation as follows:<\/p>\n<p>-the $10 bank notes will commence circulation on Tuesday, 19 May 2020, the $20 bank notes will be in circulation by the first week of June 2020,\u201d said Dr Mangudya.<\/p>\n<p>\u201cThe features of the said banknotes will be publicised prior to circulation.\u201d<\/p>\n<p>The Apex Bank has also announced the upward review of withdrawal limits, a move likely to excite depositors.<\/p>\n<p>\u201cThe Bank also advises that it has revised withdrawal limits upwards from $300 per week to $1000 per week with effect from 19 May 2020,\u201d said Dr Mangudya.<\/p>\n<p>He said banks have since been directed to ensure that the withdrawal limits were strictly observed. On the back of illicit cash deals and illegal money transfers, the Governor warned that decisive measures will be taken against those found on the wrong side of the law.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE Reserve Bank of Zimbabwe (RBZ) has introduced new $10 and $20 bank notes and reviewed upwards weekly withdrawal limit to $1000 from $300. In a statement today RBZ Governor, Dr John Mangudya, said the $10 notes will be in circulation by Tuesday next week with $20 notes set to be injected into the market [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8598,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[450,653],"class_list":{"0":"post-23194","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-mangudya","10":"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>Zimbabwe introduces new higher bank notes - zimbabwe<\/title>\n<meta name=\"description\" content=\"THE Reserve Bank of Zimbabwe (RBZ) has introduced new $10 and $20 bank notes and reviewed upwards weekly withdrawal limit to $1000 from $300.\" \/>\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\/zimbabwe-introduces-new-higher-bank-notes\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zimbabwe introduces new higher bank notes\" \/>\n<meta property=\"og:description\" content=\"THE Reserve Bank of Zimbabwe (RBZ) has introduced new $10 and $20 bank notes and reviewed upwards weekly withdrawal limit to $1000 from $300.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-introduces-new-higher-bank-notes\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-15T19:48:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/2019\/05\/John-Mangudya-1280x720.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\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\/zimbabwe-introduces-new-higher-bank-notes\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-introduces-new-higher-bank-notes\",\"name\":\"Zimbabwe introduces new higher bank notes - 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