Zimbabwe dollar continues to fall against the US dollar

Zimbabwe dollar continues to fall against the US dollar

The Zimbabwe dollar continued with its gradual slide against the United States dollar falling by nine cents to average $83.9827 today against last week’s $83.8891.

The Zimbabwe dollar has fallen by $2.19 since the beginning of the year.

A total of 503 bids valued at US$37.1 million were accepted and allotted in full while 104 bids were disqualified.

Offers remained within range with the lowest being $82 and the highest $87.

A total of US$353.5 million has so far been disbursed through the auction this year bringing the total since the auction started on 23 June last year to US$943.1 million.

 

(76 VIEWS)

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *