The Reserve Bank of Zimbabwe on Wednesday said that it was set to introduce a new 100 Zimbabwean (ZWL) dollar note.
This followed instructions by the Finance and Economic Development Minister Mthuli Ncube.
The instructions were given by Ncube in a “Statutory Instrument’’ published in the April 5 “Extraordinary Government Gazette.’’
This follows the introduction of a 50 ZWL note in July 2021.
At Tuesday’s weekly foreign currency auction, the ZWL’s rate fell to 145.8721 ZWL to 1 U.S. dollar, down from the previous week’s 142.4237 to 1 U.S. dollar.
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