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Article: ZIMBABWE CURRENCY PREPARING TO EXPIRE.(News)
- Article from:
- The Cincinnati Post (Cincinnati, OH)
- Article date:
- August 17, 2006
CopyrightCOPYRIGHT 2006 The Cincinnati Post. All rights reserved. Reproduced with the permission of Dialog LLC by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Zakeus Chibaya and Robyn Dixon Los Angeles Times
MBERENGWA, Zimbabwe -- Highways are clogged by roadblocks as police conduct lengthy searches of travelers for currency prior to a revaluation of Zimbabwe dollar aimed at reining in the country's hyperinflation.
Mourners say they have been forced to open coffins and some women say they have had to submit to body cavity searches.
The country's Reserve Bank lopped three zeroes off the currency and gave people a three-week period, which ends Aug. 21, to exchange their old notes. It also put a strict limit on how many of the old notes can be exchanged every day.
The government of ...