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

Dropping zeros does not a currency save. It’s mostly a cosmetic measure that’s been taken by plenty of other countries. Source: am Mexican. Got three zeros dropped back in 1993.