Will New Bank Notes Ease Cash Crisis?
17 October 2019
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Farai Dziva|In a desperate bid to ease the cash crisis, the Reserve Bank of Zimbabwe is set to introduce new bank notes.

However the big question Zimbabweans are asking is whether the move will resolve the economic crisis.

According to a daily publication the Reserve Bank of Zimbabwe (RBZ) said that new banks notes will be printed outside the country and drip-fed into the economy “soon”, to end the current liquidity crunch.

The Central Bank’s director for finance and markets, William Manimanzi said:

” What is happening is that new notes will be available soon so that they meet the required cash demands.

Obviously, these notes are going to be printed outside the country and this requires foreign exchange.
That is all I can say at the moment — but maybe in a few months — I do not know exactly when, but those new notes will be available.”