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  1. #1
    Legendry Member Okane's Avatar

    Zimbawe Changes Currency to USD - Thoughts? !!!

    175 Quadrillion Zimbabwean Dollars Are Now Worth $5

    That's the title taken from this article from Bloomberg.
    What are your thoughts on how this might effect the USD?
    Will USD rise once the changes has occurred? Or will the effect
    be insignificant?

    http://www.bloomberg.com/news/articl...om-circulation
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  2. #2
    Veteran Member Dan21's Avatar
    It was about time.

  3. #3
    Legendry Member milos's Avatar
    I don't think so. No significant impact on the market.Zimbabwe small country above 15 million population, GDP below $14 billion, low standard of living below $1000 per capita...It will be good for economy to get hard currency.Nothing else.

  4. Thanks Okane thanked this post

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