You have commented 375 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Africa Subsaharan
Zimbabwe: three zeros taken off money
2006-08-02
(SomaliNet) Zimbabwe's Reserve Bank has come to the rescue of Zimbabwean shoppers by slashing three zeros off Zimbabwe's currency. This will help shoppers in Zimbabwe carry less cash on their shopping sprees. "From tomorrow, the 1st of August 2006, three zeroes are being taken off every bearer cheque (bank note) which introduces a new family of bearer cheques. That makes much more sense and I hope dollars as well," Gideon Gono, Zimbabwe National bank's governor said.

Zimbabwe National Bank governor added, "It returns to us stability and convenience and of course this is just one monetary mechanism to help make commerce and everyday life more convenient. Zimbabwe is a victim of the world's highest inflation rate.
Posted by:Fred

#18  comments); ?>werwer
Posted by: Old Patriot   2006-08-02 21:57  

#17  comments); ?>werwer
Posted by: kwame   2006-08-02 15:09  

#16  comments); ?>werwer
Posted by: wxjames   2006-08-02 14:45  

#15  comments); ?>werwer
Posted by: Besoeker   2006-08-02 14:02  

#14  comments); ?>werwer
Posted by: pihkalbadger   2006-08-02 13:56  

#13  comments); ?>werwer
Posted by: mojo   2006-08-02 13:43  

#12  comments); ?>werwer
Posted by: BA   2006-08-02 10:45  

#11  comments); ?>werwer
Posted by: Bright Pebbles   2006-08-02 10:30  

#10  comments); ?>werwer
Posted by: Gideon Gono   2006-08-02 10:30  

#9  comments); ?>werwer
Posted by: mcsegeek1   2006-08-02 10:21  

#8  comments); ?>werwer
Posted by: DMFD   2006-08-02 08:26  

#7  comments); ?>werwer
Posted by: Besoeker   2006-08-02 07:52  

#6  comments); ?>werwer
Posted by: Robert Crawford   2006-08-02 06:26  

#5  comments); ?>werwer
Posted by: gromky   2006-08-02 06:17  

#4  comments); ?>werwer
Posted by: Seafarious   2006-08-02 04:42  

#3  comments); ?>werwer
Posted by: anonymous5089   2006-08-02 03:21  

#2  comments); ?>werwer
Posted by: PBMcL   2006-08-02 02:56  

#1  comments); ?>werwer
Posted by: Fordesque   2006-08-02 00:31  

00:01