The price of fuel in Zimbabwe doubled today with petrol costing $71.62 and diesel $62.77 in line with the new exchange rate determined by yesterday foreign exchange auction.
At the new rate petrol is US$1.28 and diesel US$1.09.
This is more expensive than the price at some service stations that sell fuel in forex. They are selling diesel at US$0.90 with petrol going for US$1 or US$1.05.
However, yesterday some money changers were buying a US dollar for $75 which means that for those with forex, the price of both diesel ad petrol are still below a US dollar.
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