financial business. Zimbabwe is one of the countries that have experienced political instability for the longest time. Many … - World Development Indicator (WDI), International Country Risk Guide (ICRG), and Reserve Bank of Zimbabwe (RBZ), this study … examined the effects of political risk on the foreign currency demand in Zimbabwe. The regression results showed a negative and …

The paper investigates the divergence between inflation and monetary expansion in Zimbabwe since late 2003. The … substantial decline in velocity and increasing levels of real money balances during 2004 are at odds with a record of inflation … such as repressed inflation (given administered prices) or measurement errors in the consumer price index. The results of …

positive correlation between the excess growth rate of the stock of money and the rate of inflation cannot be rejected. Yet … with very high inflation. -- Quantity theory of money ; demand for money ; monetary targeting …