A total of 1 264 bids were allotted US$37.2 million at today’s foreign currency auction with 844 bids from the Small and Medium Enterprises sector getting US$7.6 million and 420 from large firms being allotted US$29.6 million.
The lowest offer was $115 and the highest $135. The lowest bid allotted for SMEs was $115 and for large companies $119.
The Zimbabwe dollar is currently going for $200 to US$1 on the open market.
(196 VIEWS)
The Zimbabwe Gold, ZiG, continued to firm against the United States dollar ending the week…
Zimbabwe will be issuing 7.5 kg of grain a month to each of the six…
The stability of Zimbabwe’s local currency, the Zimbabwe Gold (ZiG), is critical if the country…
More than half of Zimbabwe’s population will need food aid between this month and March…
Zimbabwe’s currency, the ZiG, kicked off the week on a positive note after firming to…
Twenty-five white Zimbabwean farmers who took their R2 billion land damages claim to the South…
View Comments