Chief Economist Chifipa Mhango offers advice for RBM to consider introducing a K10,000 bank note
* Looking at how the economy is moving on inflation rate, and if the trend continues, surely that is inevitable * For a central bank, introducing new bank notes or coins is determined by the inflation rate position By Duncan Mlanjira The K5,000 bank note being the highest currency note is now under challenge in terms of cost of transaction due to the rising cost of goods and services following the high rate of inflation of around 30% on…
