HARARE, Zimbabwe (CNN)-- Zimbabwe's central bank says it will soon introduce a 100 trillion dollar note as the once prosperous country battles to keep pace with hyperinflation that has caused many ...
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Zimbabwe Launches a New Currency…AgainHARARE, Zimbabwe—The Reserve Bank of Zimbabwe, which gained global notoriety in 2008 for printing one-hundred-trillion-dollar notes, said Friday it was launching a new national currency ...
Prices change on an almost daily basis as businesses now peg their prices against the U.S. dollar. Zimbabwe has had higher denominations than the $500 million note in the past. But over the past ...
The government has warned that it may scrap the United States dollar for local transactions without notice in a bid to ...
"This currency will be issued in the form of notes and coins. All reserves of the Zimbabwean dollar will be transferred to it. The new currency will be backed by reserves of foreign currency and ...
The US dollar is used as official currency in several countries besides the United States. Ecuador and Zimbabwe both switched to the US dollar after financial crises made their local currencies ...
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