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 ...
Known as the Zig, which stands for “Zimbabwe gold”, it was introduced a month ago and replaces the digital RTGS currency and ...
“This is from Zimbabwe. It’s a 100 billion dollars, and I guess they have trillion dollar notes as well, but it’s a real note.” On questioning the purpose of the note, the admirer ...
Zimbabwe has started circulating a new currency to replace one that has been battered by depreciation and often outright ...
The period saw the country at one point issuing a 100 trillion Zimbabwe dollar ... allow the U.S. dollar to be used as legal tender. The country re-introduced a domestic note in 2016, marking ...
while the Zimbabwean dollar has lost almost 75% of its value this year alone. Source: Amalgamated Rural Teachers Union of Zimbabwe The ZiG is backed by 2.5 tons of gold and $100 million in foreign ...
(Bloomberg) -- John Mushayavanhu, Zimbabwe’s new central bank governor, has a gargantuan task ahead of him: restore credibility to an institution better known for printing 100 trillion dollar ...
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 ...
The Zimbabwe dollar, whose highest denomination at one time was Z$100 trillion ... “They seem to like having a billion or a trillion dollar note in their purses or wallets.
A new “bond note” became legal tender ... Many in Zimbabwe still remember when a 100 trillion Zimbabwe dollar banknote was printed in 2009 at the height of the hyperinflation to keep up ...
A new “bond note” became legal tender ... Many in Zimbabwe still remember when a 100 trillion Zimbabwe dollar banknote was printed in 2009 at the height of the hyperinflation to keep up ...