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Zimbabwe Inflation by braveboy64(m): 9:55pm On Nov 20, 2018 |
Inflation rose from an annual rate of 32% in 1998,
to an official estimated high of 11,200,000% in
August 2008 according to the country's Central
Statistical Office. This represented a state of
hyperinflation , and the central bank introduced a
new 100 billion dollar note.On 29 January 2009, in an effort to counteract
runaway inflation, acting Finance Minister Patrick
Chinamasa announced that Zimbabweans will be
permitted to use other, more stable currencies to
do business, alongside the Zimbabwe dollar. |
Re: Zimbabwe Inflation by braveboy64(m): 9:57pm On Nov 20, 2018 |
https/en.m.wikipedia.org/wiki/Zimbabwe?iorg_service_id_internal=1547440102204384%3BAfrY9P-06gLrbAWI |
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