Zimbabwe will get no financial assistance from the International Monetary Fund until it moves ahead with sound policies and settles its outstanding debt, the IMF said Wednesday.
Zimbabwe's central bank says it will soon introduce a 100 trillion dollar note as the once prosperous country battles to keep pace with hyperinflation that has caused many to abandon the country's currency.
Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.
Zimbabwe's central bank is introducing a $500 million note -- the highest current denomination -- as the once-prosperous southern African nation battles against spiraling hyperinflation.
Cash-strapped Zimbabwe revealed plans Saturday to circulate $200 million notes, just days after introducing a $100 million bill, Finance Minister Samuel Mumbengegwi said.
Armored cars patrolled the streets of Zimbabwe's capital and residents flocked to banks Thursday after limits on cash withdrawals were lifted in the inflation-ravaged African nation.
The Reserve Bank of Zimbabwe (RBZ) has introduced a $1,000 note -- $10 trillion in the old value -- as the country battles to end cash shortages in the hyper-inflationary environment.
Zimbabwe's troubled central bank introduced $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy.
Zimbabwe will get no financial assistance from the International Monetary Fund until it moves ahead with sound policies and settles its outstanding debt, the IMF said Wednesday.
Zimbabwe's central bank says it will soon introduce a 100 trillion dollar note as the once prosperous country battles to keep pace with hyperinflation that has caused many to abandon the country's currency.
Zimbabwe's central bank will introduce a $50 billion note -- enough to buy just two loaves of bread -- as a way of fighting cash shortages amid spiraling inflation.
Zimbabwe's central bank is introducing a $500 million note -- the highest current denomination -- as the once-prosperous southern African nation battles against spiraling hyperinflation.
Cash-strapped Zimbabwe revealed plans Saturday to circulate $200 million notes, just days after introducing a $100 million bill, Finance Minister Samuel Mumbengegwi said.
Armored cars patrolled the streets of Zimbabwe's capital and residents flocked to banks Thursday after limits on cash withdrawals were lifted in the inflation-ravaged African nation.
The Reserve Bank of Zimbabwe (RBZ) has introduced a $1,000 note -- $10 trillion in the old value -- as the country battles to end cash shortages in the hyper-inflationary environment.
Zimbabwe's troubled central bank introduced $100 billion banknotes Saturday in a desperate bid to ease the recurrent cash shortages plaguing the inflation-ravaged economy.
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