The Reserve Bank of Zimbabwe (RBZ) has announced that they will issue a new $100 bank note.

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has assured people that the notes will not be inflationary.

Mangudya said the $100 note will improve convenience for the transacting public.

Zimbabwe is experiencing sky rocketing inflation.

Mangudya said the higher denomination was one way for the RBZ to improve access to cash for the public.