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THE Reserve Bank of Zimbabwe is working on introducing only Z$50 banknote into the market to increase physical money supply, curb cash shortages and improve transacting convenience. In a statement the Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya said the Central Bank was working on introducing Z$50 banknotes into the market and not Z$100 and Z$200 banknotes. “The Reserve Bank of Zimbabwe (the Bank) is working on the introduction of a Z$50 banknote into the market for the convenience of the public. “For the time being, the Bank has no plans of introducing Z$100 and Z$200 banknotes as suggested in some sections of the media,” said Dr Mangudya.

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