In Zimbabwe, Filling Up Now Costs More Than Anywhere Else: Chart

In Zimbabwe, Filling Up Now Costs More Than Anywhere Else: Chart

(Bloomberg) -- Ten years after hyperinflation of about 500 billion percent, Zimbabwe has now achieved another unenviable record: the most expensive fuel worldwide. The southern African nation’s government more than doubled the retail price of gasoline and diesel overnight as it seeks to boost fuel supply that’s been curbed by foreign-exchange shortages. The lack of dollars is hampering imports and caused food scarcities in a country that abandoned its own currency in 2009.

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