zimbabwe

Zimbabwe has issued three new denominations of banknotes, including a one-hundred-million-dollar note, as the impoverished country struggles to cope with runaway inflation, state media reported on Wednesday. The Reserve Bank of Zimbabwe (RBZ) said the release of the new notes followed a...

Zimbabwe's official rate of annual inflation has hit 2.2m%, the country's central bank said today – a 13-fold increase on the last official rate, in February. "Statistics provided by the CSO [Zimbabwe's central statistical office] indicate that [inflation] is now at 2.2m%," the AFP news agency...