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Due to excessive supply of money. The monetary authority of Zimbabwe irresponsibly borrowed more money to pay its debts. When a country imprints more money or have excess to huge supply of money more than its economic capability it heads to hyperinflation. So, everything becomes expensive or less a money can buy.
What else can I help you with?
What is Zimbabwes currency?
Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar
If the US dollar is worth 25 Russian rubles but only a fraction of the Euro what can be deduced about the strength of the US dollar in Europe?
I would deduce that the dollar was pretty close to worthless in Europe. However, I would be more concerned about the US value of Russian rebels. There are being valued at 4 cents each. No person - whether they are rebels or not - can be valued so low.
How many bucks are equal to 1 dollar?
A buck is a name for a dollar. So 1 dollar equals 1 buck.
What is dollar share?
Company trying to get dollar from you so that you don't take your business somewhere else..
3 A dollar today is worth more than a dollar to be received in the future because?
there are two reasons. 1. A dollar today can earn interest so you will have more than a dollar in the future. 2. Inflation will reduce the purchasing power a dollar over time, so it's better to get the dollar today and spend it today because it won't buy as much stuff tomorrow.
What is Zimbabwes currency?
Zimbabwe has 1 official currency the Dollar It also has many other currencies The Euro The US dollar The South African Rand The Botswanan dollar
What is Zimbabwes special sport?
cricket
What is Zimbabwes formal name?
Republic of Zimbabwe
What is the Zimbabwes population?
it was an population of 15 people in Zimbabwe that's alot
What is Zimbabwes' main export?
Zimbabwe exports mostly cotton, tabacco, and gold
Zimbabwes capital city?
Harare is the capital city and largest city in Zimbabwe.
Whazt was zimbabwes colonization period like?
Zimbabwe, when it was Rhodesia was a peaceful and prosperous place for everybody. A benign white rule - no dictatorship.
What is the value of a rohm rg38?
$50, +- 15, depending on condition. Low dollar, low quality.
What is value of a low serial number dollar bill?
Depends on year and how low the serial number is.
How much is today's American dollar in rupee?
One dollar is equal to 46.19 Indian Rupee, 83.48 Pakistani Rupee, and 114.38 Sri Lankan Rupee
What are the release dates for Xtreme 4x4 - 2001 Low Dollar Wheeler Off-Road?
Xtreme 4x4 - 2001 Low Dollar Wheeler Off-Road was released on: USA: October 2011
When was the half dollar coin made?
Half dollars are still made, but as of 2001, demand is low so the mint only makes halves for sale to collectors.
