Zimbabwe unveils 500 million dollar note

Here is an article that appeared today on ninemsn.

Zimbabwe's central bank has introduced a 500 million dollar note, as the African country struggles to cope with the world's highest inflation and crippling currency shortages.
The half-billon note, worth about $US10 ($A14.89), was released on Friday, together with a 200 million dollar bill, which the central bank said in a statement was introduced for the "convenience" of the public.

Finance minister Samuel Mumbengegwi announced the new bills in a government gazette, bringing to 29 the number of new notes put into circulation this year alone.

Just last Thursday, Zimbabwe introduced a 100 million dollar bill that at the time was worth $US14 ($A20.84). One week later, it's worth less than 50 cents......

You can read the rest of it here.

Here is an image of me interviewing our Zimbabwean ministry partner, Ps Richmond, in Sept 08. He said that the pain in his country is terrible!!