Bank of Zambia –BOZ- Governor Denny Kalyalya says the introduction of 200 and 500 Kwacha banknotes will not drive the inflation rate up.
Dr. Kalyalya said claims suggesting the new bank notes will impact inflation are based on public perception, which is unfounded.
The BOZ Chief was speaking when he appeared on ZNBC’s Sunday Interview .
Dr. Kalyalya clarified that the currency remains unchanged, with the only change being the introduction of the new bank notes.
ZNBC
It is good Bo Bank Governor
That fact that you are denying this defininately makes me think otherwise
TIME WILL TELL
And why have you removed traditional features from notes. USA has kept everything on the dollar they only change the non traditional features.
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