She responds candidly to concerns about ballooning profits, tough lending conditions, and how Zimbabwean banks are adapting ...

Hyperinflation is a rapid, massive, and unmanageable increase in prices. In Hungary, just after World War II, prices doubled every 15 hours. More recently, in Zimbabwe, prices doubled every day.

A more recent example of hyperinflation turned up in Zimbabwe in early 2007. During the heavily sanctioned reign of dictator Robert Mugabe, Zimbabwe’s food production dropped dramatically ...

Trust in Zimbabwe’s currency is low after people saw their savings wiped out by hyperinflation in 2008 which reached 5 billion percent, according to the IMF. With strong memories of that ...

Zimbabwe will begin to sell gold coins later this month to rein in hyperinflation as the local currency dramatically loses value. The governor of Zimbabwe's central bank said Monday that the coins ...

Example: Zimbabwe 2007-2008, or Venezuela 2017-18. Hyperinflation ends by fiscal and monetary reform of some sort. A new currency, often new rulers or constitution, as well as support from ...

Trust in Zimbabwe’s currency is desperately low after people in 2008 had their savings wiped out by hyperinflation, which reached 5 billion percent, according to the International Monetary Fund ...

Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from hyperinflation and its currency continues to ...

Example: Zimbabwe 2007-2008, or Venezuela 2017-18. Hyperinflation ends by fiscal and monetary reform of some sort. A new currency, often new rulers or constitution, as well as support from ...