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Zimbabwe's new gold-backed currency enters circulation amid high inflation

STORY: Zimbabwe's new gold-backed currency enters circulation amid high inflation SHOOTING TIME: April 30, 2024 DATELINE: May 2, 2024 LENGTH: 00:06:43 LOCATION: Harare CATEGORY: ECONOMY SHOTLIST: 1. various of ZiG currency notes 2. SOUNDBITE 1 (English): MUTSA MUTEVE, Local resident 3. various of ZiG coins, people counting coins, and a man buying water from a vendor using coins 4. SOUNDBITE 2 (English): LETWIN CHIMANGA, Local resident 5. various of people on the streets 6. SOUNDBITE 3 (English): KUNASA MUSAKURA, Local resident 7. various of people outside a local bank, a man holding ZiG notes and counting the notes 8. SOUNDBITE 4 (English): PROSPER CHITAMBARA, Economic analyst 9. various of people with new notes 10. SOUNDBITE 5 (English): PROSPER CHITAMBARA, Economic analyst 11. various of people with new notes STORYLINE: Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form o

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man uses new currency Zimbabwe Gold banknotes to buy drink outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People exchange new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A woman shows a new currency Zimbabwe Gold banknote outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- People queue to withdraw new currency Zimbabwe Gold outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-NEW CURRENCY-CIRCULATION

(240430) -- HARARE, April 30, 2024 (Xinhua) -- A man shows new currency Zimbabwe Gold banknotes outside a bank in Harare, Zimbabwe, on April 30, 2024. Zimbabwe's new ZiG notes and coins began circulating on Tuesday, marking a significant step in the country's monetary reform to curb inflation just three weeks after the electronic form of the currency started trading. (Photo by Shaun Jusa/Xinhua) TO GO WITH Economic Watch: Zimbabwe's new gold-backed currency enters circulation amid high inflation

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ZIMBABWE-HARARE-GOLD-BACKED CURRENCY-INTRODUCTION

(240406) -- HARARE, April 6, 2024 (Xinhua) -- This photo taken on April 5, 2024 shows specimens of new Zimbabwean dollar notes in Harare, Zimbabwe. Zimbabwe on Friday introduced to the market the much-awaited structured currency that monetary authorities expect to foster currency stability and contain rising inflation. The new structured currency, known as the Zimbabwe Gold (ZiG), will be backed by a basket of foreign exchange reserves and precious metals, mainly gold, being held by the Reserve Bank of Zimbabwe (RBZ), or the country's central bank. (Photo by Shaun Jusa/Xinhua)

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ZIMBABWE-CURRENCY-INFLATION

(230728) -- HARARE, July 28, 2023 (Xinhua) -- A woman counts Zimbabwe dollar notes in central Harare, Zimbabwe, July 22, 2023. The Zimbabwean dollar continued to gain ground following government measures aimed at stabilizing foreign exchange rate and curbing a freefall that had resulted in soaring prices. TO GO WITH "Economic Watch: Zimbabwean currency gains ground against U.S. dollar as forex rate volatility eases" (Xinhua/Tafara Mugwara)

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Indians begin exchanging currency notes of 2,000 denomination

STORY: Indians begin exchanging currency notes of 2,000 denomination DATELINE: May 24, 2023 LENGTH: 0:01:38 LOCATION: New Delhi CATEGORY: ECONOMY SHOTLIST: 1. various of India gate 2. various of banks and street views in India STORYLINE: The process of exchanging the currency notes of 2,000 (Indian Rupees) denomination began on Tuesday across India after the country's central bank announced the withdrawal of the highest-value currency notes from circulation. Last week, the Reserve Bank of India (RBI) said that the currency notes of the 2,000 denomination shall be withdrawn after Sept. 30, and thereafter they will not be legal tender. Not much rush was seen in front of the banks on Tuesday, as RBI Governor Shaktikanta Das announced on Monday that there were enough currency notes available in the country's banking system for exchange. Individuals have been given the option of exchanging a maximum of 10 notes of 2,000 denominations every day with currency notes of other denominations at any bank.

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Tokyo's Takadanobaba district introduces 'Astro Boy' currency

TOKYO, Japan - A person dressed as ''Astro Boy'' holds up Astro Boy ''currency'' notes in front of JR Takadanobaba Station in Tokyo on April 6. The Takadanobaba district has started using the currency, which features the image of the famous anime hero, as part of local revitalization efforts.

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Euro debuts in Japan earlier than in Europe

OSAKA, Japan - Passengers traveling overseas from Kansai international airport in Osaka hold up euro notes they got on Jan. 1, earlier than in continental Europe due to the time difference. Banks and exchange counters at the airport began exchanging the European Union's new currency at 6 a.m., one hour ahead of Finland and Greece.

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Nigeria launches new banknotes

STORY: Nigeria launches new banknotes DATELINE: Nov. 25, 2022 LENGTH: 00:03:26 LOCATION: Abuja CATEGORY: POLITICS/ECONOMY SHOTLIST: 1. various of President Muhammadu Buhari and officials at the launch of the redesigned naira notes 2. various of Godwin Emefiele, governor of the CBN presenting the redesigned notes to the president 3. various of officials present 4. SOUNDBITE 1 (English): MUHAMMADU BUHARI, Nigerian president 5. various of Nigeria's central bank building 6. various of commuters 7. SOUNDBITE 2 (English): MUHAMMADU BUHARI, Nigerian president 8. various of transactions at a commercial bank 9. various of some Nigerian local currencies STORYLINE: Nigerian President Muhammadu Buhari launched the re-designed local banknotes to control the supply of the local currency, the Nigerian naira, in the country's capital Abuja on Wednesday. Speaking during the unveiling of the locally-produced currencies, Buhari explained in detail the basis for his approval to the Central Bank of Nigeria (CBN) to redesign t

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer counts U.S. dollar notes in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer gives U.S. dollar notes to a customer in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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PAKISTAN-RAWALPINDI-CURRENCY EXCHANGE RATE

(220729) -- RAWALPINDI, July 29, 2022 (Xinhua) -- A currency changer counts U.S. dollar notes in Rawalpindi, Pakistan, on July 29, 2022. Pakistani rupee rebounded in the last trading session of the week on Friday, recording minor gains against the U.S. dollar after extending losses for 10 consecutive sessions in the interbank market, according to the State Bank of Pakistan (SBP). (Xinhua/Ahmad Kamal)

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Euro debuts in Japan earlier than in Europe

OSAKA, Japan - Passengers traveling overseas from Kansai international airport in Osaka hold up euro notes they got on Jan. 1, earlier than in continental Europe due to the time difference. Banks and exchange counters at the airport began exchanging the European Union's new currency at 6 a.m., one hour ahead of Finland and Greece.

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Japanese Ten Dollar Banknote - Banana Money

Japanese government-issued ten dollar banknote. The Japanese dollar was a currency issued by Imperial Japan during the Japanese occupation of Singapore, Malaya, North Borneo, Sarawak, and Brunei (1942 and 1945). The currency was also referred informally (and with contempt!) as 'banana money'. Date: circa 1944

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Japanese Five Dollar Banknote - Banana Money

Japanese government-issued five dollar banknote. The Japanese dollar was a currency issued by Imperial Japan during the Japanese occupation of Singapore, Malaya, North Borneo, Sarawak, and Brunei (1942 and 1945). The currency was also referred informally (and with contempt!) as 'banana money'. Date: circa 1944

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Community currency used in Beppu hot spring resort

A man holds "Yuro" notes of a community currency in Beppu, a popular hot spring resort in Oita Prefecture, southwestern Japan, in July 2015. The local currency, accepted at hot spring facilities, can be purchased by taking part in a free stamp rally or buying tickets for a local art festival. (Kyodo) ==Kyodo

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