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![The country has been grappling with a record 2.2m per cent inflation [EPA]](http://mwcnews.net/images/stories/Africa/A/1/2/3/Zimbabwe-currency.jpg "The country has been grappling with a record 2.2m per cent inflation [EPA]") | | The country has been grappling with a record 2.2m per cent inflation [EPA] |
Zimbabwe, grappling with a record 2.2m per cent inflation, will issue new bank notes that will revalue a $10bn note to one dollar.
"With effect from 1 August, we are removing 10 zeroes. Ten billion dollars today, will be revalued to one zimdollar," Gideon Gono, governor of the central bank, said on Wednesday. Robert Mugabe, Zimbabwe's president, meanwhile warned the country's businesses on Wednesday to stop profiteering or face emergency measures. "If you drive us more than you have done we will impose emergency measures, and we don't want to place our country in a situation of emergency rules, they can be tough rules you know," Mugabe said.
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