# Hyperinflationary country

- Canonical URL: https://www.gerhardmerk.de/hyperinflationary-country
- Post ID: 594673
- Modified: 2023-07-25T21:00:04+00:00
- Language: en

## Definition

Term from IAS (a hyperinflationary country is one where inflation is both chronic and out of control), without specifying a particular percentage for hyperinflation. - IAS recommends that subsidiaries (subsidaries) in hyperinflationary countries prepare their own hard-currency financial statements (balancing in hard currency) and use them for extrapolation. - See reporting currency, presentation currency, hyperinflation, sovereign debt repatriation, currency, functional, customs premium. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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