Author`s name Pravda.Ru

Inflation surges 411 percent in Zimbabwe economy - Comments

Inflation in the crumbling Zimbabwe economy surged to 411 percent in October, one of the highest rates in the world, the government's Central Statistical Office said Friday. The office said a fall in the value of Zimbabwe's currency was the main reason for the increase from 359.8 percent in September. The Central Bank devalued the Zimbabwe dollar last month from 26,000 to 60,000 to the U.S. dollar

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