You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Africa Subsaharan
Zim unveils Z$500m note
2008-12-13
Zimbabwe's central bank on Friday introduced a Z$500m note, as the African country struggles to cope with the world's highest inflation and crippling currency shortages.

The half-billon note, worth about $10, was released together with a Z$200m bill, which the central bank said in a statement was introduced for the "convenience" of the public.

Finance minister Samuel Mumbengegwi announced the new bills in a government gazette, bringing to 29 the number of new notes put into circulation this year alone.

Just last Thursday, Zimbabwe introduced a Z$100m bill that at the time was worth $14. One week later, it's worth less than 50c.

Posted by:Fred

#3  Don't laugh too hard - the way the US economy is going we might be getting our own in a couple of years.
Posted by: Hellfish   2008-12-13 09:14  

#2  double ply for comfort
Posted by: Frank G   2008-12-13 08:43  

#1  In handy perforated rolls?
Posted by: mojo   2008-12-13 00:26  

00:00