GK
CURRENCIES OF THE WORLD
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the national currency of Zimbabwe?
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United States dollar
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European euro
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Yemeni rial
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Rupee
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Explanation:
Detailed explanation-1: -On 2 February 2009, the RBZ announced that a further 12 zeros were to be taken off the currency, with 1, 000, 000, 000, 000 third Zimbabwean dollars being exchanged for 1 new fourth dollar. New banknotes were introduced with face values of Z$1, Z$5, Z$10, Z$20, Z$50, Z$100 and Z$500.
Detailed explanation-2: -A crackdown by authorities in Zimbabwe to support the local currency and fight inflation has increased the use of US dollars in the economy, according to the country’s oldest brokerage.
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