Zimbabwe c.bank revises year-end inflation forecast upwards as currency weakens - NewsBreak

Home > Business
By Vivian in Business
Updated 3 years ago

HARARE, Oct 4 (Reuters) - Zimbabwe's annual inflation rate could end the year between 35% and 53%, up from an earlier estimate of 25% to 35%, the central bank said in a statement shared with reporters on Monday, as the local currency has dropped sharply on the black market. Policymakers...

zimbabwe-c-bank-revises-year-end-inflation-forecast-upwards-as-currency-weakens-newsbreak