From today’s Daily Telegraph:

Zimbabwe’s banks were fast running out of money yesterday….Tellers have been told to hand out only the equivalent of £3.50 to each customer….[The inflation] rate is estimated to be more than 700 per cent, meaning that many more notes are required to buy the same quantity of goods. Most nations facing economic meltdown opt to print more notes, but the only press producing the highest denomination note, of Z$500 (35p), is already working 24 hours a day. Plans to produce larger notes have had to be abandoned until the country can find the foreign currency to import more ink….

A professional assistant at a clinic run by Harare municipality, who earns Z$70,000 a month, started weeping quietly. “We can’t believe things will get worse. But each time they get worse. Will it ever end?”

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