Mnangagwa Assures Nation That RTGs, Bond Notes Are Safe And Secure
30 October 2018
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Bond Notes, US Dollar and Coins

By Own Correspondent| President Emmerson Mnangagwa has called on citizens to be calm and stop panicking over the value of their Real Time Gross Settlements (RTGs) and bond notes since government is not phasing them out.

Speaking during the breakfast engagement with bankers and captains of industry and commerce at State House in Harare on Monday, President Mnangagwa urged depositors not to worry as there is no policy change to warrant people to panic over RTGS and bond notes value.

Said Mnangagwa:

“While the country is going through difficult times mainly because of lack of foreign currency to meet the growing demand for foreign exchange across all the sectors of the economy, I would like to assure you all that the current multicurrency system is here to stay.

All your RTGS balances at banks and bond notes in circulation, are safe and secure. There should be no pressure to exchange or offload these balances as Government policy has not changed to warrant such anxiety.”