Todays news read Zimbabwe's currency crashed to a record low. 1Billion Zimbabwe dollars is equivalent to 1US dollar.1,000,000,000 Zimababwe dollars is 1 US dollar.
The reason for the currency crash is , the country is suffering from internal politics and economy is really bad.
Prices of some of the basic goods is so high, I mean , it is REALLY high.
A loaf of bread is 600million Z$. Can you believe that?
2 litre cooking oil 5millionZ$.
According to latest official poverty line data, an average family of five needs a monthly income $35 to survive while remaining living in poverty.
Zim had 8 successive years of inflation. 4 out of 5 people are jobless. It is the world's fastest shrinking economy.
I've read few articles about the places one can visit in Zim, looks like its one of the biggest tourist attractions and destination for many tourists.
I hope it comes out its inflation, currency could get better.
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