RBZ says notes and coins are still legal tender amid rejection
By Almot Maqolo
HARARE, Zimbabwe. (News of the South) – The Reserve Bank of Zimbabwe on Friday said the notes and coins issued by the bank and currently in circulation are still legal tender.
This comes as informal traders and some retail outlets are rejecting the $2 bond note and $1 bond coin without giving valid reasons.
“For the avoidance of doubt, the notes and coins which are legal tender are bond coins, bond notes in $2 and $5 and banknotes in denominations of $2, $5, $10 and $20,” RBZ stated.
“The Bank would also like to urge members of the public who wish to exchange coins and old notes for new ones to do so through their banks which are mandated to serve their customers.”
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