No new currency this year: Zimbabwe's Gideon Gono

Gideon Gono, the governor of the Reserve Bank of Zimbabwe, told a local Sunday newspaper that the country will not issue a new currency this year.

He said that the launch of a new currency - planned to try to deal with the country's 8,000% inflation rate - will not be until next year, "although all the preparations are in place".

Gono had announced on 1 October that a new currency would be launched "very soon", and at that time warned foreign exchange traders operating on the parallel market that

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