The Zimbabwean Economy

ZIMBABWE has introduced a new half-a-billion dollar bank note in a bid to tackle cash shortages fed by rampant inflation, the central bank said today.

"Introducing the new 500,000,000 bearer cheque for your convenience," read a Reserve Bank of Zimbabwe full-page advert in the state daily, The Herald, displaying specimens of the new note.

The note, comes into circulation 10 days after the introduction of a quarter-of-a-billion one early this month.

The southern African nation, currently gripped by a post-election crisis, has been ravaged by hyperinflation which reached 165,000 per cent in February.


The $500,000,000 note is worth $A2.61c.

Oh Robert Mugabe. You so cuh-ray-zeh.

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