The Yugoslav National Bank, pressed by hyperinflation which renders banknotes worthless within days of issue, released a new 50,000-dinar banknote, Reuter reports from Belgrade. The note, the 22nd in the past 12 months, is worth dollars 5 ( pounds 3.30) at black-market rates. Last week the central bank chopped nine zeroes off the dinar and issued three new banknotes, the largest being the 5,000-dinar note.
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