advertisement

Zimbabwe's economic conditions remain unstable

Tuesday, November 4, 2008 | 8:26 a.m. CST

The once-prosperous Zimbabwe has become the first country to hyperinflate in the 21st century, reaching an annual inflation rate of 10.2 quadrillion percent on Oct. 24 according to the Hanke Hyperinflation Index. With inflation rates rising daily, the economy is steadily spiraling toward collapse.

advertisements