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Zimbabwe inflation hits 2.2 million percent (AFP)

                   
yahoo.com
Jul 16, 2008
        
Story Timeline:  90 days

HARARE (AFP) - Zimbabwe's annual rate of inflation has hit a new record high of 2.2 million percent, the central bank's governor Gideon Gono said on Wednesday. "Statistics provided by the CSO (central statistical office) indicate that it is now at 2.2 (million percent)," Gono said in a speech in Harare. The figure is the first from the authorities in Zimbabwe since the announcement of the rate for February, when it was put at around 165,000... [read full story]                    

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Z$100 Billion Bank Notes - Zimbabwe Hyperinflation Leads to Agro-cheques

 thesaloon.net Jul 22, 2008
First article on this story:

Zimbabwe inflation hits 2.2 million per cent

 news.com.au Jul 16, 2008
Selected publications with coverage of this story:
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Z$100 Billion Bank Notes - Zimbabwe Hyperinflation Leads to Agro-cheques

thesaloon.net
Jul 22, 2008
        

Pardon me, can you spare a five billion for lunch? In Zimbabwe the government is issuing a note worth 100 billion . z$100,000,000,000 because inflation is humming along at over 2 million percent annually. Zimbabwe’s woes have...

TEAR Fund hopes work can resume in Zimbabwe

scoop.co.nz
Jul 22, 2008
        

TEAR Fund NZ executive director Stephen Tollestrup welcomes the signing of a memorandum of understanding between Zimbabwe’s leaders. He hopes it will lead to a peaceful resolution and that TEAR Fund’s partners will be able to...

                   

When a Bill Is Worth 100 Billion Dollars

nytimes.com
Jul 21, 2008
        

The story of Zimbabwe’s all-but-unbelievable hyperinflation has been told in increasingly larger bank notes. As with its predecessors, the bill that entered circulation today, above, was worth far less than it would seem. In...

                   

Zimbabwe: Zimbabwe Dollar Hits 1,2 Trillion Against the UK Pound

allafrica.com
Jul 21, 2008
        

Posted to the web 21 July 2008 Lance Guma Zimbabwe's economic decline was emphasized Monday when its currency slumped to an all time low of trading 1 British pound to Z$1,2 trillion. With inflation officially at 2,2 million...

                   

Zimbabwe: ZSE Shares Resurge on Negative Inflation

allafrica.com
Jul 21, 2008
        

Posted to the web 21 July 2008 Harare NEGATIVE June inflation figures fueled the Zimbabwe Stock Exchange shares resurgence last week, halting losses started June-end. At close Thursday, the mainstream industrial index rose...

                   

Zimbabwe to introduce 100 bln dollar bank note

keralanext.com
Jul 21, 2008
        

HARARE: Zimbabwe's central bank will introduce new higher-value 100 billion Zimbabwe dollar notes on Monday as part of a desperate fight against spiralling hyperinflation, the bank said. Zimbabweans are suffering chronic...

Zimbabwe to introduce $100 billion note

apn.co.nz
Jul 21, 2008
        

HARARE Zimbabwe will introduce a new $100b note tomorrow, further stimulating world record inflation already running at $2.2 million per-annum. The African nation has already issued at least six new high denomination notes in...

Zimbabwe dollars going for much more than the black market rate on eBay

uglychart.com
Jul 20, 2008
        

A single Z$5,000,000 note is selling on eBay for about $50. That is about Z$100,000 per US$1, which is a zillion times better than the current black market rate of US$0 per Z$infinity. Since the upside is limitless, there must...

                   

Mugabe's Latest Economic Brilliance

lawhawk.blogspot.com
Jul 20, 2008
        

This past week, Zimbabwe's Robert Mugabe authorized the printing of the 100 billion dollar note. Given that the inflation rate is 2.2 million percent, it is only a matter of weeks before you'll need wheelbarrows to carry the...

                   

AHN - Who Wants To Be A Billionaire? Go To Zimbabwe

allheadlinenews.com
Jul 20, 2008
        

Whoever wants to be a billionaire can go to Zimbabwe where the central bank is releasing a new 100 billion Zimbabwe dollar note to curb rampant cash shortages in the country, but that 100 billion is only worth one American...

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