RBZ warns public against trading in demonetised notes

Elita Chikwati, Harare Bureau
The Reserve Bank of Zimbabwe has distanced itself from the sale and trade in demonetised Zimbabwe dollar notes in and outside the country.

In statement yesterday, RBZ governor Dr John Mangudya said they had received reports that some people were purportedly buying and selling demonetised Zimbabwe dollar notes locally and outside the country.

“It has come to the attention of the RBZ that there are certain persons who are purportedly buying or selling or trading in demonetised Zimbabwe dollar notes in and outside the country,” he said.

“There are also reports and videos circulating on social media concerning such a sale or trade.

“The bank completely dissociates itself from such purported sale and trade of the demonetised Zimbabwe dollar notes. The bank is not aware of the source of the note being sold and cannot vouch for the genuineness or otherwise of the said notes.”

Dr Mangudya advised the public that any demonetised Zimbabwe dollar notes that the bank may have in stock are not for sale.

“The bank will, therefore, not be responsible for any inconveniences arising from the buying or selling of or trading in demonetised Zimbabwe dollar notes,” he said.

Related Posts

Bosso legend Peter Ndlovu mourns departed Highlanders officials

Vusumuzi Dube, Deputy Radar Editor Highlanders Football Club legend, Peter Ndlovu has joined the growing list of football personalities paying tribute to the club’s late executive members and a devoted…

Thank you Mr President, football fans hail ED

Vusumuzi Dube, Deputy Radar Editor FOOTBALL fans and members of the public have flooded social media with messages of gratitude to President Mnangagwa following the Government’s decision to accord State-assisted…

Leave a Reply

Your email address will not be published. Required fields are marked *