THE Reserve Bank of Zimbabwe (RBZ) has refuted claims that
it is planning to introduce new denominations to the current currency regime
amid social media reports that a new $100 bond note is on the offing.
Social media has been awash with images of a $100 bond note
claiming it was being introduced to the existing denominations of $2 and $5
bond notes.
The Central Bank Governor, Dr John Mangudya, dismissed the
reports of the “new” note saying it was as fake as the people circulating it.
“It is all fake, hakuna zvakadaro. It is all negative works
of social media,” said Dr Mangudya.
He warned the public from spreading falsehoods on social
media.
Last week, the social media went on overdrive warning of an
increase in fuel prices and shortages which culminated in panic buying of the
commodity.
The governor appeared before the Parliamentary Portfolio
Committee on Mines and Energy recently where he spoke about the panic that
social media messages brought to the public over fuel price increases.
He said the fuel shortages that had been experienced on the
local market were a result of international increases in fuel prices which had
resulted in RBZ’s $10 million weekly allocation for fuel imports falling short
of the country’s normal requirements.
The governor blamed social media for exaggerating the fuel
crisis and said the Central Bank had since doubled the foreign currency
allocation for the importation of fuel to $20 million per week in order to
manage the supply gap. Sunday News
0 comments:
Post a Comment