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Tuesday, April 22, 2008

Zim$ at 123,000,000 per US$

I am just fascinated by the rapid devaluation of the Zim$ vs the US$ (which is going through its own devaluation). If I could map out against the Euro, GBP or KShs, the Z$ devaluation would look even worse.

What do you expect with 100,000% inflation? And puhleeze don't blame the 'colonial' powers since they are long gone.

2 comments:

Anonymous said...

still falling ...told you worse is yet to come.

Josiah said...

last time i checked it was an inflation rate of 165000% and Mbeki has the audacity to say that there is no problem there.