"I have been here in the queue at the bank for about four hours, ever since morning, and the banks are saying they don't have money," she says. Audrey Munemo says she's been waiting since dawn. dollars are still the main currency, but they are in critically short supply.Ī visible sign of the latest crisis is evident in the long, winding lines outside all banks and ATMs in the capital, Harare, where customers are desperate to withdraw cash. That helped end hyperinflation and helped stabilize Zimbabwe's economy.īut today, the economy is again in a tailspin and the country is in desperate need of a new solution. To address the crisis, President Robert Mugabe's government abandoned Zimbabwe's own currency and adopted the U.S. Shoppers had to carry the colorful bank notes, in billion- and trillion-dollar denominations, in bags to pay for basics. The last time Zimbabwe went into economic freefall, in 2009, inflation was a mind-boggling 200 million percent. But the announcement has prompted many to withdraw their U.S. dollar, which serves as the country's main currency. The bank says the notes will be equivalent to the U.S. Zimbabwe's riot police clash with protesters who oppose the introduction of bond notes by the country's Reserve Bank, in the capital, Harare, on Aug.
0 kommentar(er)
