Central Banking

Z$50 000 bank note coming to Zimbabwe

Zimbabwe's inflation ravaged citizens will soon have a new Z$50 000 bank note to make shopping easier, central bank governor Gideon Gono announced on Tuesday 24 January.

Zimbabwe introduced a temporary form of currency - dubbed bearer cheques - three years ago to alleviate chronic cash shortages.

"We are pleased to announce that with effect from 1 February 2006, a higher denomination of Z$50 000 bearer cheques will be added," Gono said, warning Zimbabweans that inflation could rocket to between

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: