In addition to the Z$100 trillion dollar note, the Reserve Bank of Zimbabwe plans to launch Z$10 trillion, Z$20 trillion and Z$50 trillion notes, the Herald newspaper reported.
Prices are doubling every day.
Friday, January 16, 2009
Mugabe Jumps to Lead Over Bernanke in Money Printing Race
Zimbabwe's central bank will issue a 100 trillion Zimbabwe dollar banknote. At current black market rates, it will be worth about $33.
In addition to the Z$100 trillion dollar note, the Reserve Bank of Zimbabwe plans to launch Z$10 trillion, Z$20 trillion and Z$50 trillion notes, the Herald newspaper reported.
Prices are doubling every day.
In addition to the Z$100 trillion dollar note, the Reserve Bank of Zimbabwe plans to launch Z$10 trillion, Z$20 trillion and Z$50 trillion notes, the Herald newspaper reported.
Prices are doubling every day.
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