A 2.4kg chicken is pictured next to its 14.6 million price in Bolivars at a mini-market in Caracas on Friday, ahead of Monday’s currency devaluation. Photo: Reuters

How Zimbabwe paid the price for hyperinflation, offering a grim lesson for Venezuela

After inflation hit 500 billion per cent in Zimbabwe a decade ago, savings, investments and pensions were all wiped out, millions of people moved abroad and foreign investment evaporated

Topic |   Venezuela

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A 2.4kg chicken is pictured next to its 14.6 million price in Bolivars at a mini-market in Caracas on Friday, ahead of Monday’s currency devaluation. Photo: Reuters
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