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Zimbabwe to print new banknotes
 Zimbabwe is to print new banknotes in an effort to tackle the serious cash shortages afflicting the country. From Thursday, notes worth 250,000, 500,000 and 750,000 Zimbabwean dollars will enter circulation. At the same time, the highest value note now in use - the 200,000 dollar bill - will be phased out despite only being introduced in July. Rampant inflation above 8,000%, mass unemployment and shortages of fuel and basic goods have blighted the economy.Posted by: Fred 2007-12-20 |
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