Go Back   Singapore's Online Community - Singapore Forums > Current Affairs > Foreign Affairs
Register FAQ Member List Calendar Mark Forums Read

Foreign Affairs
Discussion of any foreign affairs around the world.


Reply
 
Thread Tools Display Modes
Old 07-04-2008, 02:18 PM   #1 (permalink)
Huaikong
Thanatos
Huaikong is on a distinguished road
 
Huaikong's Avatar

Join Date: Jan 2008
Posts: 3,427
iTrader: (0)
My Mood:
Gender:
Country:
Location: Toa Payoh
SGC$: 3.33
Bank: 4,026.00
Total SGC$: 4,029.33
Default Zimbabwe Gets $50 Million Bank Note

HARARE, Zimbabwe — How much does it cost for a loaf of bread in Zimbabwe?

With inflation raging at more than 100,000 percent, a loaf costs 16 million Zimbabwe dollars.

Now, Zimbabweans can buy three loaves with only one bank note. Authorities on Friday introduced a new 50 million bank note, state media reported.

The new Zimbabwe dollar note is worth $1 at the widely used black market trading and can buy just three loaves of bread.

It was the third time in three months that the nation's central bank issued a higher denomination note in response to record inflation.

(This version corrects price of bread to 16 million Zimbawean dollars, not 50 million.)

http://www.lufkindailynews.com/news/...lion_Note.html
Huaikong is offline   Reply With Quote
Sponsored links
Your Ad Here
Old 07-04-2008, 02:20 PM   #2 (permalink)
Huaikong
Thanatos
Huaikong is on a distinguished road
 
Huaikong's Avatar

Join Date: Jan 2008
Posts: 3,427
iTrader: (0)
My Mood:
Gender:
Country:
Location: Toa Payoh
SGC$: 3.33
Bank: 4,026.00
Total SGC$: 4,029.33
Default Re: Zimbabwe Gets $50 Million Bank Note

sad sia the life so hardup there.btw sure alot 'millionairs' at that coutry oso......
Huaikong is offline   Reply With Quote
Old 07-04-2008, 02:49 PM   #3 (permalink)
OleoCookie
Experienced SGClubber
OleoCookie is on a distinguished road
 
OleoCookie's Avatar

Join Date: Mar 2008
Posts: 1,801
iTrader: (0)
My Mood:
Gender:
Country:
Location: Staricious Island
SGC$: 2.75
Bank: 2,164.68
Total SGC$: 2,167.43
Default Re: Zimbabwe Gets $50 Million Bank Note

yea.. millionaires who need to spend millions to buy 3 loaves of bread

- Oleo Cookies -
The One & Only Oreo
That has a Typo Error
OleoCookie is offline   Reply With Quote
Sponsored links
Your Ad Here
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

SGC$ Per Thread View: 0
SGC$ Per Thread: 2.00
SGC$ Per Reply: 1.00

Similar Threads
Thread Thread Starter Forum Replies Last Post
Rags to riches: The lottery winner who blew his £10 million jackpot - and is now £2 million in debt sgelite Foreign Affairs 14 17-02-2008 11:19 AM
Is it legal to sell fake US$1 million note? sychai Local Affairs 14 15-01-2008 04:54 AM
US asks southern African leaders to push harder on Zimbabwe yvonnetan782 Local Affairs 0 18-08-2007 08:01 AM
What's wrong with this bank note? KaLeen Local Affairs 6 15-08-2007 10:48 PM
U.S. gives Zimbabwe $18 million for HIV/AIDS drugs Fool Local Affairs 0 08-06-2007 01:30 PM

» Current Poll
Would You Resort to Illegally Buying a Kidney?
Yes - 22.39%
58 Votes
No - 41.70%
108 Votes
Maybe - 35.91%
93 Votes
Total Votes: 259
You may not vote on this poll.
» Friends
Funny Videos
Free Wallpapers
Funny Pictures
Singapore Christian
Start Your Website
» September 2008
S M T W T F S
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1234
» Site Navigation
 > FAQ
Copyright© 2004-2008 SGClub.com. All rights reserved.
Ad Management by RedTyger Powered by vBadvanced CMPS v3.0.1& SEO by vBSEO 3.0.0 ©2007, Crawlability, Inc.

        All times are GMT +8. The time now is 05:56 PM.