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Why is money worth so little in Zimbabwe?

Why is money worth so little in Zimbabwe?

Zimbabweans are having to stretch their dollars to get by. But why is that?

Africa Daily · BBC World Service

July 15, 202115m 21s

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Show Notes

How many bills do you need to buy a loaf of bread? The dollar isn’t taking Zimbabweans as far as it used to: life is getting more and more expensive. The central bank has introduced a new bill worth 50 Zimbabwean dollars, the highest banknote going around. But this alone has brought back bad memories: could the days of hyperinflation (and bills with far too many zeroes) be back?

Host: Alan Kasujja (@Kasujja on Twitter) Guest: Ranga Mberi, Zimbabwean journalist.

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