Zimbabwe launch new currency

Zimbabwe has launched its own money for the
first time since the country's dollar was
abandoned seven years ago amid rampant
inflation.
The bond note, which is worth one US dollar -
the country's main currency since 2009 - is
raising fears of a return to the ill-fated local
dollar.
The move, first announced in May, has fuelled
some of the biggest protests in a decade against
President Mugabe.
The government has issued the bond note to
tackle a worsening cash shortage.
It hopes the cash substitute, which is legal
tender in Zimbabwe but is not valid outside the
country, will halt the flow of US dollars going
overseas.
Initially, an amount worth $10m is being
introduced into circulation in two and five dollar
denominations.

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