central bank governor

$10,000,000,000 Now $1 in Zimbabwe

Digg - Business & Finance  Wed, 07/30/2008 - 09:41

Zimbabwe will 10 zeros off the country's hyper-inflated currency next month, making 10 billion dollars one dollar, the nation's central bank governor said Wednesday.

President Robert Mugabe immediately warned in a televised address that he will impose a state of emergency if profiteers take advantage of the change on Aug. 1