Zimbabwe dollar down to $138.20 to the US dollar


0

The Zimbabwe dollar today fell by $4.12 against the United States dollar to average $138.1979 down from $134.0820 last week.

It has declined by $14 so far this month and by $30 since the beginning of the year.

It is trading at around $250 to the greenback on the black market.

More than 1 300 bids were allotted US$36.8 million at today’s auction with 977 bids from the small and medium enterprise sector getting US$6.6 million. The balance went to 399 large firms.

The lowest offer was $131 and the highest $150.

(169 VIEWS)

Don't be shellfish... Please SHAREShare on google
Google
Share on twitter
Twitter
Share on facebook
Facebook
Share on linkedin
Linkedin
Share on email
Email
Share on print
Print

Like it? Share with your friends!

0
Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

0 Comments

Your email address will not be published.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