From June, 2065438 15 to September, 30, 2065438 +05, 175 trillion Zimbabwean dollars can be exchanged for 5 US dollars, and at least 5 US dollars can be obtained for each Jin yuan account. In addition, for gold coins issued before 2009, 250 trillion gold coins can be exchanged for 1 USD. Zimbabwe's currency, the Zimbabwe dollar, will stop circulating in September 2009, and Zimbabwe will implement various monetary policies.

Reserve bank of zimbabwe (the central bank) began to issue a new national currency, the New Zimbabwe Dollar, in 2019 10, thus ending the situation that the country had no local currency in 10.

Zimbabwe dollar is the currency issued by reserve bank of zimbabwe and the legal tender of Zimbabwe. Every 65,438+0 yuan is divided into 65,438+000 cents (cents), and its symbol abbreviation is "$" or "Z$" (different from other yuan-based currencies). The ripples on the shield symbolize Zimbabwe's vast waters.

Below the shield is the world-famous cultural site "Stone City". There is a five-pointed star and a Zimbabwean bird at the top of the shield. The bird is a symbol of the aspirations of the country and the nation, as well as the ancient culture of Zimbabwe and African countries. There are corn and cotton patterns on the hillside at the lower end of the shield, which symbolizes Zimbabwe's rich agricultural products and rich mineral resources. On both sides are Zimbabwe antelopes. The ribbon says "Unity, Freedom and Labor" in English.

Solutions to inflation:

First, raise interest rates. If the interest rate is high, everyone will save money, and then there will be less money (money) in circulation. If supply and demand are balanced, inflation will be suppressed. It can also reduce the loan amount of commercial banks. Of course, this is in an ideal state. In fact, the interest rate is so low now that everyone is not sensitive to this few tenths of a percentage point. Moreover, with the booming stock market, it is unlikely to control the currency. Moreover, due to the need to keep a certain distance from the US dollar interest rate, it is unlikely to raise interest rates substantially. If you want to absorb deposits, you are most likely to use the stock market as an axe.

Second, increase the deposit reserve ratio. Reduce the amount of money by restraining the amount of loans from commercial banks. However, due to various reasons, the private deposit base is very large and the interest rate is not high. However, in the hot situation of the stock market, it is still difficult to curb the amount of money by raising the deposit reserve.

Third, it is open market business. That is, the central bank sells securities to get money back from banks and residents, but now it seems that buying funds is better than buying any bonds, and the risk is acceptable. The yield is generally 20%-30% per year.