Zimbabwe currency swap hits deadline

Zimbabwe's old currency ceased to become legal tender at midnight on 21 August, as the deadline ran out for citizens to exchange their notes for new denominations with three less zeroes. Gideon Gono, the central bank governor, said that some extra time might be granted, but that the deadline would not be moved.

Speaking to state media on Sunday he said that extensions may be made in "genuine cases that merit exceptional consideration", but there will not be a blanket extension to the deadline.


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