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Why is the Zimbabwe's dollar so low?

Updated: 11/4/2022
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12y ago

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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.

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12y ago
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Q: Why is the Zimbabwe's dollar so low?
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