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Zimbabwe is set to receive investment guarantees worth $1.5bn from the African Export-Import Bank as it works on boosting investor confidence.
Fear of recently-introduced bond notes and tight liquidity conditions have seen most Zimbabwean institutions and individuals pile their money into the equities market.
Zimbabwe could be stacking up its new bank notes to a value of $2.5bn, but they will lose their value almost as soon as they're released onto the market, a senior MDC official has claimed.
Zimbabwe's bond notes have eased liquidity shortages but can't address macroeconomic imbalances, while further issuance of the currency will inflame inflationary pressures, says the World Bank.
The Reserve Bank of Zimbabwe is set to introduce much-awaited bond notes into the market, through normal banking channels in small denominations of $2 and $5.
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