According to a BBC News report dated 29 January 2009, while delivering the annual budget to parliament, acting Finance Minister Patrick Chinamasa announced, “In line with the prevailing practices by the general public, [the] government is therefore allowing the use of multiple foreign currencies for business transactions alongside the ZimbabweanRead More…

According to a BBC News report dated 29 January 2009, while delivering the annual budget to parliament, acting Finance Minister Patrick Chinamasa announced, “In line with the prevailing practices by the general public, [the] government is therefore allowing the use of multiple foreign currencies for business transactions alongside the ZimbabweanRead More…

At the beginning of this week, the Reserve Bank of Zimbabwe introduced 20- and 50-billion-dollar notes, and today, just four days later, it has unveiled even larger, record-breaking denominations: 10-, 20-, 50-, and 100-trillion-dollar notes. The 10-trillion-dollar note is going into circulation immediately (16 January 2009), with the others toRead More…

,,,,,,,,, At Edinburgh Castle on January 14, 2009, First Minister Alex Salmond and the Clydesdale Bank’s chief operating officer David Thorburn announced that a new series of banknotes had been designed to celebrate the best of Scotland’s heritage, people, and culture, coinciding with the 250th anniversary of the birth ofRead More…