Zimbabwe outdoors bond notes equal to US dollar to cure cash crunch - africanews

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POSTED BY:
Canada Forex Portal

DATE:
11/28/2016

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The bond notes have been given the same value as the US dollar. They are backed by a US$200 million facility from the Cairo based African Export and Import Bank (Afreximbank). Last week, RBZ Governor John Mangudya said that local banks were ...

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http://www.africanews.com/2016/11/28/zimbabwe-outdoors-bond-notes-equal-to-...

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