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| Africa Subsaharan |
| Zim-bob-weans will get $5 for 175 quadrillion local dollars |
| 2015-06-11 |
 Zimbabweans will start exchanging 'quadrillions' of local dollars for a few U.S. dollars next week, as President Robert Mugabe's government discards its virtually worthless national currency, the central bank said on Thursday. The southern African country started using foreign currencies like the U.S. dollar and South African rand in 2009 after the Zimbabwean dollar was ruined by hyper-inflation, which hit 500 billion percent in 2008 |
| Posted by:Frank G |
| #3 Paul Krugman would still want the 175 quadrillion. It makes him feel wealthy and successful. |
| Posted by: Airandee 2015-06-11 21:51 |
| #2 A model for Greece and the European market. This may be the kickoff for currency stabilization across the continent. We could be seeing the birth of the 'Afro'. |
| Posted by: Skidmark 2015-06-11 21:40 |
| #1 It appears Zim has avoided the toilet paper shortage of Venezuela. |
| Posted by: Procopius2k 2015-06-11 19:44 |