Zimbabwe currently has $2, $5 and $10 notes which are almost worthless as the Zimbabwe dollar is now trading at $85.51 to the United States dollar meaning that the highest denomination will be worth about 50 US cents and much less on the black market.
The note which was first mooted in January has probably been delayed to ensure market stability which has prevailed this year with the local currency falling by $3.42 in the past six months.
(109 VIEWS)
At least four million people in Zimbabwe reported that they had gone without food on…
Four of the world’s largest banks are all in China. Assets of the Industrial and…
Zimbabwe is one of the 27 countries in the world where the richest 0.1% of…
Zimbabwe has been ranked third among the least free countries in Southern Africa but it…
I had always considered it a curse for a wife to die before her husband.…
This is a true story about the challenges and loneliness I faced when my wife…