Wednesday, August 01, 2007

BBC NEWS | Business | Zimbabwe launches $200,000 note

BBC NEWS | Business | Zimbabwe launches $200,000 note

"Zimbabwe is to start circulating a new 200,000 Zimbabwe dollar note, in a bid to tackle the country's inflation, the highest in the world.

The new note, issued by the Reserve Bank of Zimbabwe from Wednesday, can buy 1kg (2.2lb) of sugar.

Food and fuel shortages have become common as the government relies more heavily on imports, pushing prices to new heights."

$200,000 to buy 1kg of sugar? Wow!!!! I'm sure there's a 70-year old out there in Harare saying "Humhaare zamaane mein beta ... (in my times, my son ...)!!"