Zimbabwe cash crisis

ZIMBABWE’S central bank unveiled a new bank note yesterday, double the value of the inflation-wracked nation’s largest note at 100,000 Zimbabwe dollars – worth around €0.75.

The new note goes into circulation tomorrow, the Reserve Bank said.

With official inflation running at 1,043%, the highest in the world, the note is slightly more than enough to buy a price-controlled loaf of bread or a copy of the state newspaper.