Hyperinflation threatens to return to Zimbabwe

Zimbabwe bond note
A bond note, which once ostensibly traded at par with the US dollar

The spectre of hyperinflation is once more looming over Zimbabwe as the central bank struggles to maintain the stability of the currency in the face of food and electricity shortages.

Zimbabwe saw the rate of inflation almost double in the past month, evoking fears of hyperinflation that plagued the country a decade ago. The country’s inflation rate rose to 176% in June from 98% in May (see chart 1), according to figures published by the Reserve Bank of Zimbabwe.

The country has been suffering

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: