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Zimbabwe police disperse protesters rejecting new currency

Published 30/11/2016

A group of protesters demonstrating against the introduction of bond notes in Harare (AP)
A group of protesters demonstrating against the introduction of bond notes in Harare (AP)

Zimbabwe police have fired tear gas to disperse scores of activists protesting over the introduction of a new currency in the capital, Harare.

Protesters carried placards on Wednesday and chanted slogans denouncing the new currency, called bond notes, which they fear will become worthless because of economic mismanagement by President Robert Mugabe's government.

"No to fake money," read one poster.

People waiting in line at banks to get cash in Harare scurried for cover from the tear gas and water cannon.

The economically troubled southern African country introduced the bond notes on Monday, the first time Zimbabwe had its own currency since 2009, when hyperinflation reached 500 billion per cent, according to the International Monetary Fund.

At that time, there were 100 trillion dollar notes in circulation.

AP

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