10 - Million - Dollar Bill issued in Zimbabwe
In the leadership of Robert Mugabe, Zimbabwe now is the world's highest inflation rate, officially estimated at 25,000 percent annually (the real inflation may be closer to 150,000 percent).
The new 10-million note is the equivalent of about $4 at the dominant black market exchange rate.
In an effort to end chronic cash shortages and long, chaotic lines at banks and automated teller machines, the bank will issue the new notes on Friday along with 1-million and 5-million dollar bills, said Reserve Bank Governor Gideon Gono.
The highest existing note, introduced last month, is 750,000 Zimbabwe dollars.
A hamburger at an ordinary cafe costs about 15 million Zimbabwe dollars ($6). But that price has trebled this month amid shortages of bread, meat and most other basic goods
