Demonetization protest on November 28, 2016, in Zimbabwe

On Monday, November 28, Zimbabwe’s central bank will issue “bond notes.” These bond notes are said to be U.S.dollar-backed legal tender and with a daily withdrawal limit of $50. The notes, which have a U.S. dollar face value, will be released in small denominations through normal banking channels.

Advice For Travellers

The new bond notes are part of an effort to alleviate the shortage of currency in Zimbabwe. At this time, it is not possible to make cash withdrawals using an international bank card.

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