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Africa Subsaharan
Zimbabwe devalues currency; 10B becomes 1 dollar
2008-07-30

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

#7  sorry, AP - I was finishing dinner
Posted by: Frank G   2008-07-30 22:44  

#6  1x10^10 bill. That is one heck of a note! Too bad nobody in ZimBob's cabinet took Economics 101 at Oxford.
Posted by: Alaska Paul in Fairbanks   2008-07-30 22:36  

#5  The computer game analogy will be complete when the country is finally taken over by a guild of Chinese gold farmers.
Posted by: Abdominal Snowman   2008-07-30 16:43  

#4  Real Sims of course use Simoleons.
Posted by: .5MT   2008-07-30 16:40  

#3  a 10 billion dollar note to equal one zimdollar

For a moment I thought it read 'simdollar'.
Posted by: Pappy   2008-07-30 15:03  

#2  Just think of all the savings they'll make in ink alone!!
Posted by: AlanC   2008-07-30 14:37  

#1  For all you collectors out there...

http://search.ebay.com/search/search.dll?from=R40&_trksid=m37&satitle=zimbabwe+money

Get em while they're hot.
Posted by: tu3031   2008-07-30 13:15  

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