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Zimbabwe devalues currency; 10B becomes 1 dollar
 HARARE (AFP) - Zimbabwe will issue new bank notes from August 1 that will knock 10 zeros off the dollar and revalue a 10 billion dollar note to equal one zimdollar, the Central Bank governor said on Wednesday. "Ten billion dollars today, will as from August 1 be revalued to one zimdollar dollar," Gideon Gono said at a function where he announced a raft of economic measure. Geez, they can't brag that everyone in Zimbabwe's a billionaire anymore. The country's 84-year-old President Robert Mugabe was present at the event. Aww, pretend I'm not even here, folks. This is Gideon's show... Posted by: tu3031 2008-07-30 |
| http://www.rantburg.com/poparticle.php?ID=245614 |