Zimbabwe backs $100 trillion note exchange

THE old 100 trillion Zimbabwean dollar note will fetch only 40 US cents in a new exchange rate, but are fetching much more on eBay.

ZIMBABWE'S central bank says banknotes from its old currency, which collapsed and was discarded years ago because of runaway inflation, can be exchanged for American dollars.

BUT 100 trillion Zimbabwean dollars will fetch only 40 US cents.