Zimbabwe’s central bank has raised its key interest rate to a record high of 200 percent.
The increase is an attempt to tame inflation that is running at more than 190 percent.
It is piling pressure on people already struggling with shortages of essential goods and price increases.
Al Jazeera’s Haru Mutasa has more from Harare, Zimbabwe.
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#Zimbabwe #ZimbabweInterestRate #ZimbabweInflation
The increase is an attempt to tame inflation that is running at more than 190 percent.
It is piling pressure on people already struggling with shortages of essential goods and price increases.
Al Jazeera’s Haru Mutasa has more from Harare, Zimbabwe.
- Subscribe to our channel: http://aje.io/AJSubscribe
- Follow us on Twitter: https://twitter.com/AJEnglish
- Find us on Facebook: https://www.facebook.com/aljazeera
- Check our website: https://www.aljazeera.com/
#Zimbabwe #ZimbabweInterestRate #ZimbabweInflation
- Category
- World
- Tags
- Africa, Zimbabwe, Zimbabwe inflation
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