Īlthough bond money was officially interchangeable at par with the US dollar, the general public quickly resisted them as an attempt to reintroduce the Zimbabwean dollar, which gained a bad reputation due to hyperinflation. The multi-currency system eventually resulted in a liquidity crisis, because Zimbabwe had to import more than what they could export, resulting in a net exodus of US dollars: eventually, the Reserve Bank introduced a series of bond coins on 18 December 2014, and bond notes on 28 November 2016, after securing a total of US$250 million in loans from the African Export-Import Bank. On 12 April 2009, the power-sharing government of then-Prime Minister Morgan Tsvangirai suspended the old dollar, and the Reserve Bank of Zimbabwe demonetised the last banknotes of the old dollar, on 30 September 2015. On 29 January 2009, the Zimbabwean government legalised the use of foreign currencies, such as the United States dollar and the South African rand: in response, Zimbabweans quickly abandoned the old Zimbabwean dollar, which was collapsing from what was at the time the second highest rate of hyperinflation (after the Hungarian pengő in 1946). Main articles: Hyperinflation in Zimbabwe and Zimbabwean bonds
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