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Saturday, July 19, 2024
By Dr. Steven Taylor

Via the AFP: Zimbabwe introduces 100-billion-dollar note

Zimbabwe, grappling with a record 2.2 million percent inflation, has introduced a new 100-billion-dollar bank note in a bid to tackle rampant cash shortages, the central bank said Saturday.

[...]

In January, a 10-million-dollar note was issued, then a 50-million-dollar note in April. In May, notes for 100 million and 250 million dollars were issued, swiftly followed by those for five billion, 25 billion and 50 billion.

But, will they have enough paper to print the new bills?

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