Zimbabwe set to print own version of US Dollars

Zimbabwe is set to print its own version of the US dollar in order to ease cash shortage in the country. Central bank governor John Mangudya said the cash, known as bond notes, will be backed by
$200m (£140m) support from the Africa Export-Import Bank.
The specially-designed two, five, 10 and 20 dollar notes will have the same value as their US dollar equivalents.

Zimbabwe introduced the US dollar after ditching its own currency in 2009 following sustained hyperinflation.
Since then Zimbabweans have been using the dollar as well as a number of other foreign currencies including the South African rand and the Chinese yuan.
Zimbabwe's CBN governor also introduced a number of other measures to steer people away from using US dollar cash, including setting a $1,000 limit on how much cash can be taken out of the country.
He wants to encourage people to make greater use of the rand since a large portion of Zimbabwe's trade is with South Africa. The central bank brought in so-called bond coins of one, five, 10 and 25 cents, pegged to the US dollar, in 2014. He says the bank was still working on a design for the new notes, but they should be in circulation "within the next two months".