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More High-Denomination Notes Coming From Zimbabwe Central Bank

With hyperinflation raging and cash shortages becoming a fixture of the economy, the Reserve Bank of Zimbabwe is expected to issue new bank notes in higher denominations this week ahead of what may be somewhat less than a festive season this year.

The central bank said it will start delivering notes in denominations of Z$100,0000, Z$500,000 and Z$1 million. It said it will review cash withdrawal limits while encouraging consumers and businesses to use alternative payment methods.

But economist Prosper Chitambara told reporter Jonga Kandemiiri that without a stable political framework, the economy will remain in freefall and so will the currency.

More reports from VOA's Studio 7 for Zimbabwe...