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Cash-Strapped Zimbabwe To Print $75m In 'Bond Notes'   
 
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16-Sep-2016  
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Zimbabwe says it will introduce "bond notes" equivalent to the US dollar by the end of next month to tackle cash shortages, but analysts raised concerns over a potential repeat of the excessive money printing that led to hyperinflation several years ago.

The country adopted the US dollar and South African rand in 2009 after massive inflation wreaked havoc to the economy and rendered the local currency worthless.
 
 

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Source: Aljazeera
 
 

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