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Zimbabwe dollar dead, says top economist

Posted on 11 February 2009

From Telegraph: The Zimbabwe dollar is dead, one of the world’s leading experts on hyperinflation said today. The comments came as the Morgan Tsvangirai appointed Tendai Biti, one of his party’s highest ranking officials, to be the country’s new finance minister in a government of national unity.

Professor Steve Hanke, a senior fellow of the Cato Institute in Washington, has been involved with the governments and currency reforms of a dozen different countries around the world, and in 2007 developed a hyperinflation index for Zimbabwe….. Full Article: Source


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