Zimbabwe introduces $100 billion banknotes

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From CNN.com: Zimbabwe introduces $100 billion banknotes

Zimbabwe's troubled central bank introduced $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy.
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As high as they are, though, the bills still aren't enough to buy a loaf of bread. They can buy only four oranges.

The new note is equal to just one U.S. dollar.
That's some messed up currency.

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This page contains a single entry by MT published on July 19, 2008 5:41 PM.

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