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Image: Zimbabwe introduces 100-billion-dollar note

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First Buzzed By: keitholdcanberra

Zimbabwe introduces 100-billion-dollar note

Submitted: Jul 19, 2008 - Zimbabwe, grappling with a record 2.2 million percent inflation, has introduced a new 100-billion-dollar bank note in a bid to tackle rampant cash shortages, the central bank said Saturday. The new note will go into circulation on Monday, the bank said in a statement cited by state media, joining about half a dozen new high denomination notes already issued this year. This is just beyond…

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