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.
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2 comments:

  1. AnonymousTuesday, April 22, 2008 4:38:00 PM

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

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  2. JWednesday, April 23, 2008 1:56:00 AM

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

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