Karamveer’s Blog

Due to high fuel prices in India, inflation rate in India has crossed 8.5% and is expected to cross 10%. Government and RBI is trying their level best to bring it down. But it doesn’t seems to be working.

But have you thought what are the countries with highest inflation? Is India one of them? Lets see the countries with highest inflation rates:

1. Zimbabwe: 355,000% (US $1.00 = Zimbabwean $50,000,000)
2. Iraq: 53.2%
3. Guinea: 30.9%
4. San Tome and Principe: 23.1%
5. Yemen: 20.8%
6. Myanmar: 20%
7. Uzbekistan: 19.8%
8. Congo: 18.2%
9. Afghanistan: 17%
10. Serbia: 15.5%

Here is a picture for you for the recently released bearer’s check (currency note) of $500, 000, 000 by the Zimbabwean central bank, which can buy you 30 kgs of potatoes.