The Zimbabwe economy has halved in size since 2000
“The dollar has an exchange rate against the dollar. How is that possible? I think it’s another Zimbabwean first”
“As the cash shortages spark panic, there are new signs that ailing president Mugabe may not see out his current term”
“If it is printed in Harare, it is a piece of paper, ghost money, worthless unless Obama tells me it is a proper dollar”
Part of the move linked to China's plans to cancel $40 million in Zimbabwe debts that are maturing this year.
When an egg cost 1 billion Zimbabwe dollars, it was replaced by US currency: Now American money blamed for new crisis
Zimbabweans had to pay for restaurant meals before they ate and quotes from repairmen and businesses were valid for only 15 minutes.
The Zim dollar, abandoned in 2009 after inflation hit 500 billion percent, isn’t likely to be reintroduced until the economy normalises.