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January 18, 2008 Zimbabwe Introduces $10 Million Bill

The government of Zimbabwe is rolling out a $10 million bill for the purpose of...stemming currency shortages.

The $10 million bill is worth about $4 in the U.S. Here's the money quote (so to speak):

To put it in figures, the Reserve Bank of Zimbabwe cannot account for more than $65 trillion of the $67 trillion cash currently in circulation.

Posted by edelfenbein at January 18, 2008 10:21 AM

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