Zimbabwe

Zimbabwe Dollar demonetised


Published

President Robert Mugabe has issued Statutory Instrument 70 of 2015 titled: “Reserve Bank of Zimbabwe (Demonetisation of Notes and Coins) Notice 2015 which demonetises the Zimbabwe dollar in favour of the US Dollar.

The demonetisation process will start today (15th June 2015) and continue until 30th September 2015.
You can find a full statement on the demonetisation process by the Governor of the Reserve Bank of Zimbabwe here.

More detailed briefing on the politics and risk of doing business in this country is available to clients and subscribers. If you would like to know more then please contact enquiries@tradebridgeconsultants.com