People lined up in long queues outside banks on Tuesday, Nov. 12, hoping to get their hands on Zimbabwe’s first local currency to be issued since 2009.
A decade of U.S. dollarization has come to an end as the Zimbabwe Central Bank made the much-anticipated new local banknotes and coins available through local banks and ATMs in an effort to ease the country’s cash shortage, according to Fin24.
When the Zimbabwean currency was severely devalued by hyperinflation in 2008, it was replaced by the U.S. dollar.
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