![]() ![]() On 12 April 2009, the power-sharing government of then-Prime Minister Morgan Tsvangirai suspended the old dollar, and the Reserve Bank of Zimbabwe demonetised the last banknotes of the old dollar, on 30 September 2015. On 29 January 2009, the Zimbabwean government legalised the use of foreign currencies, such as the United States dollar and the South African rand: in response, Zimbabweans quickly abandoned the old Zimbabwean dollar, which was collapsing from what was at the time the second highest rate of hyperinflation (after the Hungarian pengő in 1946). Main articles: Hyperinflation in Zimbabwe and Zimbabwean bonds
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |