Zimbabwe is grappling with hyperinflation now officially estimated at 231 million percent, and its currency is fast losing its value. As of Friday, one U.S. dollar was trading at around ZW$25 billion.

On Thursday, the U.S. dollar traded for about 600 million Zimbabwe dollars, and the hyperinflation was expected to continue. People slept overnight at the bank doors, hoping to get money for the ...

THE Zimbabwe National Statistics Agency (Zimstat)’s announcement that annual inflation reached 85,7% in April 2025 has been ...

In Zimbabwe, the US dollar has become the most widely used of eight official currencies since hyperinflation made the Zimbabwean dollar worthless in the late 2000s. Other currencies accepted there ...

The ZiG is Zimbabwe's sixth attempt at a stable currency in less than two decades after a bout of hyperinflation under former leader Robert Mugabe. But the ZiG is down almost 50% since its launch ...

In this second part of the “Bitcoin in Africa” podcast documentary series, join Anita as she learns about Zimbabwe and the country's multiple currencies. Combining on-the-ground recordings ...

April 25 (Reuters) - Zimbabwe's annual inflation rate was at 85.7% in April in local currency terms, statistics agency data showed. Friday's release is the first time Zimstat has given a year-on ...