Zimbabwe declares war on zeroes

Mon, 07/28/2008 - 10:00am

Zimbabwe's plan to combat the hyperinflation that has reached more than 2.2 million percent? Knock off the zeroes:

This time, we will make sure that those zeroes that would come knocking on the governor's window will not return,” [Reserve Bank Governor Gideon] Gono was quoted as saying on Saturday in a speech to farmers. [...] Even state media reported Mr Gono's comments "drew laughter" from his audience.

The governor is expected to chop three or six zeroes from the currency, following a three-zero cut in 2006.

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