TEXT SIZE:
Send a copy to me

Separate multiple email addresses (max 20) with commas.

0/1500
Letters are not case-sensitive, disregard spaces.
captcha image
This helps us prevent automated registrations and spamming.

May 16 2008 9:50AM EDT

Zimbabwe Datapoint of the Day, Banknote Edition

How does one pay for a $340 million beer? With a half-a-billion-dollar banknote, of course.

This is the fourth set of high denomination notes to be issued this year, the first being in January when a 10 million dollar note was put into circulation. The next was on April 2 when a 50 million dollar note came into being before the 100 and 250 million dollar notes were introduced on May 2.

That $10 million note introduced in January is now worth slightly less than a nickel.

See more in

Loading...


Recent Blog Posts

Archive

Jul 2008



Also in Portfolio.com
Most Emailed
Recently Commented