Magudya Dismisses New Currency Revelation, While Biti Insists Money Is Ready For Circulation
11 February 2019
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John Magudya

Paul Nyathi|Reserve Bank of Zimbabwe governor John Magudya has gone all out trying to dismiss revelations by former Finance Minister Tendai Biti that government will be introducing a new currency next week.

Speaking in an interview with the Voice Of America on Monday evening, Magudya dismissed Biti’s information claiming that government is not aware of any such arrangements.

“”Government is not aware of this arrangement and does not have any plans in place to introduce the Zimbabwean Dollar within the nearest future,” Magudya said.

Biti however on the other hand insists that the Zim Dollar is definitely on its way and government has since completed printing the money.

Magudya shockingly also expressed ignorance of Finance Minister Mthuli Ncube’s statement that government will indeed be introducing a new Zimbabwean Dollar before end of this year.

“I can not comment on that as I am not aware of any such arrangements, ” Magudya said. “Best will be to go to the Minister himself and get an answer from him on that issue,” added Magudya.