News for hackers. Stuff that matters.

A comment on Zimbabwe offers new exchange rate: $1 for 35,000,000,000,000,000 old dollars. Parent comment

Re:Zimbabwe offers new exchange rate: $1 for 35,000,000,000,... by dagw on Friday June 12, 2015 @05:25AM (#9704807)
More like a prime use case for foreign currency. Most affluent people in Zimbabwe use South African Rand or US Dollars to conduct busies.
[ Parent | on HN ]
Re:Zimbabwe offers new exchange rate: $1 for 35,000,000,000,... by taejo on Friday June 12, 2015 @05:40AM (#9704847)
Most everybody. The Zim dollar is not legal tender any more; it's not printed any more. This is just the bank trying to get rid of its reserves.

Sometimes Botswana Pula and Zambian Kwatsha are also used (esp. near the borders) but ATMs dispense USD.

[ Parent | on HN ]