Another Zimbabwe in the making? Argentina to print 10,000 peso notes amid soaring inflationThe biggest banknote in current circulation in Argentina is being increased to 10,000 pesos, worth around $10, so that people don't need to...
10 May, 2024, 12.59 AM IST
Zimbabwe's inflation soars to 131.7%Inflation reached triple digits for the first time since June last year with prices of cooking oil and bread leaping higher as a result of ...
25 May, 2022, 08.24 PM IST
Zimbabwe halts stock trading, transfers to defend currencyInformation Ministry Permanent Secretary Nick Mangwana blamed mobile money transfer platforms for causing a gap between the market exchange...
29 Jun, 2020, 06.31 PM IST
Zimbabwe suspends stock exchange, mobile payments over 'economic sabotage'The decision to suspend mobile payments will hit the economy hard as more than 80% of all transactions are conducted on phones due to a sho...
27 Jun, 2020, 07.15 PM IST
- How Zimbabwe FM's move to ditch dollar and switch to other currencies made many traders rich
Zimbabwe FM's move to ditch dollar, stop printing money and switch to 5 other currencies has made many traders rich.
24 Apr, 2013, 04.00 AM IST
- Zimbabwe central bank to cut 1,600 jobs: Report
The IMF in March said the bank needed a new board to strengthen governance, adopt a sustainable budget, & refocus its role after abandoning...
07 Dec, 2010, 02.53 PM IST
- Zimbabwe dollar: Dead, but still gets a ride
A woman pays her bus fare with 3 trillion in old Zimbabwe dollars, the equivalent of 50 US cents. The collector accepts the brick of neatly...
18 Aug, 2009, 01.34 AM IST
- Zimbabwe shelves own currency for one-year
The Zimbabwean govt has decided to suspend the currency for a year, which has in fact already disappeared from circulation. Measures to dri...
12 Apr, 2009, 09.14 PM IST
Zimbabwe to introduce 200 million dollar noteThe 200 million dollar note, announced in a notice in the government gazette, will bring to 28 the number of notes put into circulation. 10...
06 Dec, 2008, 03.16 PM IST
- Zimbabwe launches probe into looting soldiers
Zimbabwe's government vowed to punish troops involved in a rampage against currency traders, as the inflation-wracked country printed new b...
03 Dec, 2008, 03.31 PM IST
- Zimbabwe to issue $ 100 mn note
Zimbabwe police beat up about 20 people protesting on Wednesday over their inability to get their money out of banks as the authorities pre...
03 Dec, 2008, 03.05 PM IST
- Inflation-wracked Zimbabwe issues 100-mn dollar note
Zimbabwe has issued three new denominations of banknotes, including a one-hundred-million-dollar note, as the country struggles to cope wit...
03 Dec, 2008, 02.10 PM IST
- South African firms tough it out in Zimbabwe
South African firms are resisting the urge to pull out of Zimbabwe despite an increasingly hostile business climate.
13 Jul, 2008, 08.50 AM IST
- Tesco cuts trade ties with Zimbabwe: company
Britain's biggest supermarket Tesco is to stop sourcing products from Zimbabwe due to international concern about the current political cli...
30 Jun, 2008, 11.34 PM IST
- Zimbabwe inflation now over 1 million per cent
The current price scenario is such in Zimbabwe that a loaf of bread costs what 12 new cars did a decade ago.
13 Jun, 2008, 04.13 PM IST
- Zimbabwe introduces $250 mn note
Zimbabwe's central bank, currently grappling with record-breaking inflation, has introduced a new high-denomination bank note of a quarter ...
06 May, 2008, 01.25 AM IST
- 50 million Zimbabwean dollar is one US dollar
Reserve Bank of Zimbabwe has introduced a new note worth 50 million Zimbabwean dollar to deal with rampant shortages of cash in an economy ...
04 Apr, 2008, 11.17 PM IST