April 30 as final day for retiring the Zimbabwe $100-trillion-dollar bills

The Reserve Bank of Zimbabwe announced its official intention that April 30, 2016, will be the final day for paying anything—anything at all—to people who turned in the now-decommissioned $100,000,000,000,000 bills, $10,000,000,000,000 bills, $1,000,000,000,000 bills, and old bills of lower denominations. That announcement: “Demonetisation of the Zimbabwean Dollar — The demonetisation of the Zimbabwe dollar which was […]

100-trillion-dollar bills again fuel the economy

The Associated Press reports that Zimbabwe’s 100-trillion-dollar bills are again helping fuel the nation’s economy: Visitors snap up 100 trillion Zimbabwe bank notes HARARE, Zimbabwe – Western visitors to Zimbabwe are looking for zeros. They’re snapping up old, defunct Zimbabwe bank notes, most notably the one hundred trillion Zimbabwe dollar bill, as an economic souvenir. […]