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Zimbabwe: On the rapidly eroding value of money

Saturday, July 19th, 2008 @ 18:14 UTC

by Elia Varela Serra

Countries:: Zimbabwe
Topics:: Economics, Governance
Languages:: English

Chipo at Sokwanele's This is Zimbabwe blog, expresses his anger about the current inflation situation in the country: “Last week chaos reigned again as the banks were choc-a-block with transfers. Delays became longer and longer. Salaries and wages were not honored. And while the banks were busy “processing”, the value of the money was eroding rapidly”.

Posted by Elia Varela Serra

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