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Zim to start issuing bank notes next month
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It looks like Zim will start going down the economic toilet again next month.

Will someone pick me up some trillion dollar notes when they come available? I'll send you two first class postage stamps to pay for them and the postage to my house.

A bank official says cash-strapped Zimbabwe soon will begin using notes issued by its own reserve bank for the first time since 2009. Reserve Bank of Zimbabwe governor John Mangudya said Thursday that the notes will trade at par with the U.S. dollar, the main currency used in this southern African country. Zimbabwe abandoned its own currency due to hyperinflation in 2009. Mangudya says the notes will not mark a return to the Zimbabwe dollar. Zimbabwe will start using the notes in October. Mangudya says $75 million worth of the notes will be in circulation by the end of the year.

https://www.yahoo.com/news/m/6...-to-start-using.html


Frank



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Posts: 12727 | Location: Kentucky, USA | Registered: 30 December 2002Reply With Quote
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And so it goes again. . . . . popcorn
 
Posts: 18568 | Registered: 04 April 2005Reply With Quote
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'Bangin' on the bongoes like a chimpanzee That ain't workin' that's the way you do it Get your money for nothin'
 
Posts: 167 | Location: Kuwait | Registered: 14 April 2009Reply With Quote
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Gary Duckworth/Mokore Safaris told me it wasn't happening but we'll see!

Mark


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Posts: 13040 | Location: LAS VEGAS, NV USA | Registered: 04 August 2002Reply With Quote
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get me a couple trillion Z$ notes as well.

Of course, if the US elects hitlery, they might be worth more than the USD.

Do the Zims know more than the Dims about 2017...?
 
Posts: 23062 | Location: SW Idaho | Registered: 19 December 2005Reply With Quote
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quote:
Originally posted by faisal:
'Bangin' on the bongoes like a chimpanzee That ain't workin' that's the way you do it Get your money for nothin'


And your Swiss numbered accounts for free....


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Posts: 13529 | Location: Georgia | Registered: 28 October 2006Reply With Quote
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Who's paper were they using since 2009?


http://forums.accuratereloadin...6321043/m/4821014232


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Posts: 364 | Location: Moorpark, CA | Registered: 18 May 2012Reply With Quote
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USD.
 
Posts: 23062 | Location: SW Idaho | Registered: 19 December 2005Reply With Quote
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Side note, Charmin's has announced they just signed a contract that will triple their sales in Africa!

jumping
 
Posts: 615 | Location: Alberta | Registered: 17 November 2004Reply With Quote
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the notes will trade at par with the U.S. dollar



I've got some ocean front property in Arizona, if anyone is interested. Wink

Grizz


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