How did Romania manage to save its currency in the 2000s by just dropping the last couple of zeros? Wouldn’t other countries be able to do the same?

Question

How did Romania manage to save its currency in the 2000s by just dropping the last couple of zeros? Wouldn’t other countries be able to do the same?

In: 138

Answer 1

Nothing about the dropping of zeros “saved” the currency – that was only done to keep numbers reasonable and avoid having to reprint currency.