Sentences with phrase «bond note parallel»
A surprise political move by Zimbabwean president Robert Mugabe, who fired his deputy Emmerson Mnangagwa, has played havoc on the US dollar / bond note parallel exchange rate, as well as on Bitcoin price in the country.
http://dailybitcoinnews.com/ Not exact matches
To offset the crippling bank note shortages impacting the country, the Reserve Bank of Zimbabwe has been printing bond notes (Zimbabwe's own version of US Dollars) that are supposed to have equal value to the greenback but are actually trading at a premium of about 30 % to the US dollar on parallel markets.