Zimbabwe unveils new dollar notes

Zimbabwe's central bank yesterday knocked 12 zeros off the local currency - reducing one trillion dollars to one dollar - and introduced seven new notes as it battles to revive its battered economy.

Zimbabwe's central bank yesterday knocked 12 zeros off the local currency - reducing one trillion dollars to one dollar - and introduced seven new notes as it battles to revive its battered economy.

"The central bank unveils yet another programme through the removal of 12 zeros and the introduction of the following new currency denominations with immediate effect," said Reserve Bank Governor Gideon Gono. The new denominations are one, five, 10, 20, 50, 100 and 500 dollars. - AFP

X