Monetary Policy Update – currency change
10.50 am Opposition party representatives present and acknowledged at the presentation of the Monetary Policy. Important…
10.55 am Cash limit reference. Ten Zeros being dropped from the currency!
11.00 am New currency to introduced 500, 100, 20, coins… old coins to be used again… Old coins to get back into circulation
11.05am Cash limits to 200
11.05am Foreign currency to retain will keep 55% of foreign currency earnings
11.10am Fertilizer input to be increased and imports to be supplementary
Full Commentary on Monetary Policy to come later