Zimbabwe's ‘Zombie Currency' Hits Streets as Bond Notes Arrive

``With no currency of its own, Zimbabwe allows the use of a basket of foreign exchange including the South African rand, the euro and the pound. The bond notes are intended to reduce a shortage of hard currency that has led to delays of several months in salary payments to civil servants, the military and some private company employees. Zimbabweans have taken to the streets in protest against the new currency, fearing a return to hyper-inflation that peaked at the end of 2008... "People are calling it zombie money, because it's risen from the death of the Zimbabwe dollar and will be about as useful," Freddie Sango, a taxi driver in the capital, Harare, said by telephone Monday. "We'll use it to pay fines and bribes to the police." ''