NP Rank:
Inflation in Zimbabwe at 164,900%
According to the Central Statistics Office in Zimbabwe, Inflation rose to 164,900%. The last time I visited the webpage of the Reserve Bank of Zimbabwe on the 5th of April 2008, they published the inflation rate at 100,582.%. According to Bloomberg, One US Dollar is worth 30,000.0000 Zimbabwean Dollars. All of these were today statistics and are subject to change.
SOURCE:
Reuters: "Zimbabwe's Economy in a Freefall"
http://www.reuters.com/article/latestCrisis/idUSL16929629
BBC News: "Zimbabwe Inflation Hits 165,000%"
http://news.bbc.co.uk/2/hi/business/7351086.stm
AlvarezGalloso; Now Public.com: "Zimbabwe and Mugabe: A Personal Reflection"
http://www.nowpublic.com/world/zimbabwe-and-mugabe-personal-reflection
http://www.bloomberg.com/markets/currencies/eurafr_currencies.html
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April 16, 2008 at 12:16 pm by AlvarezGalloso, 199 views, 1 comment



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Comments (1)
at 05:45 on April 17th, 2008
The Exchange Rate for the Zimbabwean Dollar as of the 16th of April 2008 was the following:
$1.00 USA = $ZWD 30,000
1 Euro = $ZWD 47,470.50
1 Pound Sterling = $ZWD 58,938.00
REFERENCE:
http://www.rbz.co.zw/currencyexc/Forex_16042008.asp