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Showing results for tags 'zim.'.
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Luigi says... If this article is true...it could be taken as good or bad news if you are a ZIM holder. Treat as a rumor. Not verified. Your opine. 6 July 2018 TNT... Zimbabwe announced they will come out with a new currency on 1. August, because once again their economy is failing. I don’t know what that means for us – it just came out yesterday or the day before. We’ll have to wait and see what this change means, if anything, or whether the contract with the US is still good. This is what I would do: I will buy up all the dong I can find. It’s the cheapest currency to buy right now and also the best return on your money, if you do the numbers. Hedge your bets and see what you can get while we wait.
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Luigi says... So you think the ZIM will make you a $Trillionaire? You better think again. The Zimbabwe economy is in shambles & more than likely stay in shambles. Do not listen to all the Guru hype out there. The ZIM is a dead currency. Read & heed. 10/30/2017 rumors from around the web... Zimbabwe Hyperinflates Again. Entering the Record Books For A Second Time In Less Than A Decade. Steve xxxxx , CONTRIBUTOR I cover economics and finance. Opinions expressed by xxxx Contributors are their own. WILFRED xxxxx AFP/Getty Images. In 2008, Zimbabwe suffered the second most severe episode of hyperinflation in recorded history. Zimbabwe’s annual inflation rate peaked in November 2008, reaching 89.7 sextillion (10^23) percent. Well, Zimbabwe is experiencing hyperinflation again today. Zimbabwe’s annual inflation rate is currently at 348%. ...