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January 16, 2009
Compustat Zeros Zimbabwe
A colleague of mine sent me this recent notice from financial data provider Compustat with respect to Zimbabwe:
Announcement - Zimbabwean Dollar Exchange Rates
Compustat will be removing the currency exchange rates for the Zimbabwean dollar beginning with the rate published on May 12, 2008, and continuing until further notice. This measure is in response to the continuing increase in the number of significant digits of the Zimbabwean currency exchange rate due to that country's hyperinflation.
Oh, the ignominy of it all.
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