Wednesday, February 01, 2006

Living with hyperinflation

The governor of Zimbabwe's reserve bank last week admitted that his country is in the grip of hyperinflation, with some economists predicting an inflation rate of 1,000% within two months.

This week saw the introduction of a so-called "bearer cheque" worth 50,000 Zimbabwean dollars - 50 times the highest available banknote - but actually worth around half a US dollar and only enough to buy a loaf of bread.

BBC World Service's Outlook programme spoke to five Zimbabweans, all of whom did not wish to be named, about what life is like living under rampant hyperinflation.

(go to link)

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