The local currency has lost $124.90 in the past three weeks but remains way off the black market rate though the gap with the interbank rate has narrowed. The interbank rate today was $295.6945.
The black market rate ranged from $360 to $430 while offers at today’s auction ranged from $280 to $330.
A total of US$25 million was allotted today with US$4.4 million going to small and medium enterprises.
(176 VIEWS)
Britain says amendment of the Zimbabwe constitution is a sovereign, legislative matter for Zimbabwe to…
It is now 47 years since I wrote the short story below for a South…
Zimbabwe has released its 2026 monetary policy statement in which it seeks to stabilise its…
Far from it, on paper that is. Ignatius Chombo was one of the longest serving…
Zimbabwe on Thursday announced a ZiG290.9 billion budget with revenue expected to be ZiG287.6 billion,…
The International Monetary Fund says Zimbabwe’s economic recovery in 2025 is stronger than previously anticipated…
