When an economy unravels, it is not abstract charts that collapse but paychecks, savings, and the basic ability to buy food ...

Four years ago, Zimbabwe experienced one of the worst cases of hyperinflation in history. The country abandoned its own currency and switched to the U.S. dollar — a move experts say prevented a ...

(Bloomberg) -- Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it’s no longer keen to defend and is instead working on a new exchange rate potentially backed ...

When my friend Trish got her first paycheck from her part-time job in high school, it was for $50,000. "It was enough to buy a pair of jeans," she explained to me. Trish went to high school in ...

HARARE, Zimbabwe (AP) — Out with the Zimbabwe dollar, in with the ZiG. Zimbabwe on Tuesday started circulating a new currency to replace one that has been battered by depreciation and often outright ...

(Bloomberg) -- Zimbabwe is considering overhauling its exchange-rate regime as the government seeks new measures to save its beleaguered currency. The latest proposals will be in a monetary policy ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. HARARE, Zimbabwe (AP) — Out with the ...