Zimbabwe's Central Bank Prints Z$250 Million Dollar Bill

Zimbabwe's Central Bank Prints Z$250 Million Dollar Bill

05.07.08 posted by jason 164 views no comments
How bad is inflation in Zimbabwe? It runs at a staggering 165,000% a year. To keep up with such rising prices, the Central Bank of Zimbabwe has printed currency note denominations of $100 million and $250 million. That may sound like a lot but consider this - 1 US dollar is now worth about 100 million Zimbabwe dollars. Just 8 months ago 1 US dollar was worth 30,000 Zimbabwe dollars.
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