Zimbabwe pulls local currency from circulation
Banks will exchange up to Z$175 quadrillion in their accounts for a flat $5
The Zimbabwean dollar will be taken out of circulation over the next few months, the central bank has said, as the country completes its switch to the multi-currency system introduced in 2009.
Zimbabweans will be able to exchange their local money for US dollars between June 15 and September 30. Anything held electronically will be automatically switched at a fixed exchange rate.
Banks will use the account balances from December 31, 2008, and any amount up to Z$175,000,000,000,000,000 will be
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