Thursday, January 3, 2008

Zim banknote crisis heightens

(FIN24) - Zimbabwe's banknote shortage spilled into the New Year with desperate shoppers flocking to banks as most businesses re-opened on Wednesday.

The southern African country is in the grips of a severe economic crisis, blamed on President Robert Mugabe's policies and marked by the highest inflation rate in the world, at nearly 8 000%.

Read more at FIN24

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