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Director / Editor: Victor Teboul, Ph.D.
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Zimbabwe's Old Quadrillions Worth More Online, on Streets

On online auction site eBay, a 100 trillion Zimbabwean dollar note is a collector's item, fetching up to $35 - a small fortune compared with the 40 U.S. cents on offer from the central bank as it seeks to officially bury the worthless currency. The unloved Zimbabwean dollar, ravaged by hyperinflation that peaked at 500 billion percent in 2008, ceased to be legal tender on Friday as the southern African country switches fully to the U.S. dollar. The central bank says citizens have...


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