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Monday, March 30, 2009

Zimbabwe prices begin to fall


The Prices in Zimbabwe have begun to fall after years of galloping inflation, according to figures from the state Central Statistical Office (CSO). Prices of goods bought in US dollars, Zimbabwe's new official currency, fell by up to 3% in January and February. They were the first official figures since the country's recent adoption of the US dollar. The IMF meanwhile said it would not give aid to Zimbabwe until it cleared its debts and implemented sound policy.

1 comment:

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