He added: “We are moving cautiously because we don’t want to disturb the monetary balance and we are insisting that banks pay for the currency when they draw it so that there is no money creation.”
Many customers were still frustrated, however, as banks maintained an existing weekly withdrawal limit of $20.
Shortages of cash, foreign currency, fuel and power are the most visible signs of Zimbabwe's worst economic crisis since 2008, when hyperinflation forced the government to ditch its currency.
Hundreds of people, mostly pensioners, queued for cash outside one bank in central Harare on Tuesday and were issued 150 Zimbabwe dollars (US$10) in the new bills and coins. They were told to return on Thursday May 14 if they wanted to withdraw more of the new banknotes.