Zimbabwe grappling with hyperinflation estimated at 231 million dollars . As of Friday , the U.S. dollar was valued at around ZW $ 1 billion . Although Chinamasa did not give the date on which the $ 50 billion and new $ 20 billion notes would come into circulation , an official at the Reserve Bank of Zimbabwe said the notes would be distributed to all banks by the end of Monday . The country slashed 10 % from the amount of its worthless currency in August . RBZ has ordered most goods and services to be charged in foreign currency .
Zimbabwe grappling with hyperinflation estimated at 231 million dollars . As of Friday , the U.S. dollar was valued at around ZW $ 1 billion . The country slashed 10 % from the amount of its worthless currency in August . RBZ has ordered most goods and services to be charged in foreign currency .