The rate for the USD to the Rand is at 1:13.40 so if you bring $10 in US or in bond notes, you will get R134 but because we do not have loose amounts we will give you R130," he said.

HARARE, Zimbabwe (AFP) — Zimbabweans know the risks of worthless money all too well after hyperinflation between 2007 and 2009 gave them the 100-trillion-dollar banknote that barely bought a loa ...

As Zimbabwe continues to grapple with cash shortages with banks limiting daily withdrawals to as little as $80 per week, bond notes have flooded the Mozambican markets.

Zimbabwe launched a "bond notes" currency which held its value against the U.S. dollar on Monday, despite warnings that it could cause hyperinflation and suggestions it could bring down President ...

It’s called a dollar, and worth a dollar – at least for now. But it has nothing to do with the U.S. Federal Reserve. Zimbabwe has started issuing so-called bond notes in a bid to ease a ...

People burn worthless note bearers' checks during a protest against the introduction of new bond notes and youth unemployment, Harare, Zimbabwe, August, 3, 2016.

the problem that the bond coins are trying to solve is that people have money in their bank accounts but they can’ access physical cash, so the option is simple – a government legislative ...

With no national currency since 2009, Zimbabwe launches dollar-backed bond notes to cope with cash crisis. With no national currency since 2009, ...

Harare - Here it is: the first hint that Zimbabwe's bond note to US rate is about to start moving. And not in a good way. A worsening forex squeeze since the introduction of Reserve Bank Chief John ...

It’s called a dollar, and worth a dollar – at least for now. But it has nothing to do with the U.S. Federal Reserve. Zimbabwe has started issuing so-called bond notes in a bid to ease a ...

It’s called a dollar, and worth a dollar – at least for now. But it has nothing to do with the U.S. Federal Reserve. Zimbabwe has started issuing so-called bond notes in a bid to ease a ...