European Knight
06-12-2015, 10:51 AM
Zimbabwe ditches its ?worthless? currency | www.bullfax.com (http://www.bullfax.com/?q=node-zimbabwe-ditches-its-%E2%80%98worthless%E2%80%99-currency)
Zimbabwe is paying its citizens $5 for 175 quadrillion Zimbabwe dollars
Zimbabwe's central bank announced the demonetization of the Zimbabwe dollar will occur from June 15 until the end of September, according to China's state-run newspaper, Xinhua. "The banking public should visit their banks to establish
the balances which were in their accounts. We have interacted with the banks and they still have all the information, which we as the Reserve Bank also authenticated," Reserve Bank of Zimbabwe governor John Mangudya said.
Zimbabwe Demonetizes: Offers US$5 Per 175 Quadrillion Zim Dollars
It's over! Starting June 15th and ending September 30th, the Zimbabwe Central bank will begin its process of "demonetization" of the old Zimbabwe Dollar. The Zimbabwe dollar will be removed as legal tender after the currency’s use was
abandoned in 2009 following a surge in inflation to 500 billion percent. For bank accounts containing up to 175 quadrillion Zimbabwe dollars they will be paid $5, the country’s central bank said.
http://im.ft-static.com/content/images/f37582bb-3e00-4c61-aa75-176dd64029e1.img
Zimbabwe is paying its citizens $5 for 175 quadrillion Zimbabwe dollars
Zimbabwe's central bank announced the demonetization of the Zimbabwe dollar will occur from June 15 until the end of September, according to China's state-run newspaper, Xinhua. "The banking public should visit their banks to establish
the balances which were in their accounts. We have interacted with the banks and they still have all the information, which we as the Reserve Bank also authenticated," Reserve Bank of Zimbabwe governor John Mangudya said.
Zimbabwe Demonetizes: Offers US$5 Per 175 Quadrillion Zim Dollars
It's over! Starting June 15th and ending September 30th, the Zimbabwe Central bank will begin its process of "demonetization" of the old Zimbabwe Dollar. The Zimbabwe dollar will be removed as legal tender after the currency’s use was
abandoned in 2009 following a surge in inflation to 500 billion percent. For bank accounts containing up to 175 quadrillion Zimbabwe dollars they will be paid $5, the country’s central bank said.
http://im.ft-static.com/content/images/f37582bb-3e00-4c61-aa75-176dd64029e1.img