More than noughts
Jul 30th, 2008 | By Ian Poulton | Category: InternationalMathematics in Zimbabwe will be simpler – well, for a few days at least. The BBC reports
Zimbabwe’s central bank has said it will introduce a new currency on 1 August as part of efforts to fight the effects of hyperinflation.
The bank’s governor, Gideon Gono, has announced zeros will be lopped off the Zimbabwe dollar, making 10bn dollars one dollar.
Only last week, the government introduced the Z$100bn note.
The exchange rate today is 1.3 trillion dollars to £1 Sterling, that’s 1,300,000,000,000 to the Pound. The man responsible for …