With an annual inflation rate now projected to be 10,00,000%, Venezuela is experiencing extreme ‘hyperinflation’. India, in comparison, has an annual inflation rate (CPI) of just 4.87%, which means prices double every 14.6 years.
With an annual inflation rate now projected to be 10,00,000%, Venezuela is experiencing extreme ‘hyperinflation’. India, in comparison, has an annual inflation rate (CPI) of just 4.87%, which means prices double every 14.6 years.
Dr Shail Rupakheti, Ambassador Extraordinary and Plenipotentiary of Nepal to the Federal Republic of Germany, presented his ‘Letters of Credence’ to Frank-Walter Steinmeier, President of G...