Zimbabwe Phasing Out Currency Worth Virtually Nothing



As the value of Zimbabwe’s currency diminishes to virtually nothing, people in the country will start to exchange local dollars for U.S. ones Monday, gradually putting an official and legal end to the old currency, Zimbabwe’s central bank announced Thursday. For 175 quadrillion Zimbabwean dollars, locals will be able to get $5. Eventually, Zimbabwean dollars will…


Zimbabwe Phasing Out Currency Worth Virtually Nothing
Zimbabwe Phasing Out Currency Worth Virtually Nothing

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