"Hugh Brodie" wrote in message
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wrote in message
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"Hugh Brodie" wrote in message
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Speaking of hyper-inflation, it's fun looking at the website of the
Reserve Bank of Zimbabwe http://www.rbz.co.zw to see the daily exchange
rate of the $Z vs the $US. Yesterday, it was 5,817,000,000; today it's
6,718,000,000. They have just issued $Z 50,000,000,000 notes ("bearer
cheques"). And it will cost you $Z 1,800,000,000 to mail a postcard to
the US. http://www.zimpost.co.zw/postalrates.html


It's a shame that there are no images of currently circulating Zimbabwean
notes or coins.

A few notes here - buying a beer in Hara
http://images.google.ca/imgres?imgur...%3Den%26sa%3DG

On the other hand - the Zimbabwe stock market has been one of the best
performing in the world. The industrial index which was at 1,000 a couple
of years ago, is now 5,160,207,611,002.24 .
http://www.herald.co.zw/inside.aspx?sectid=478&cat=8

More big numbers: your average Zimbabwe stock portfolio has tripled since my
last posting - the industrial index is now at 16,421,906,235,086.20 (but
still under $Z 10 billion to the US$) . Good housing is in the $Z 3-5
quadrillion range. Market capitalization of a major local company (Delta) is
$Z 26.2 quintillion. http://www.herald.co.zw/inside.aspx?sectid=653&cat=8

hb.