Zimbabwe dollar eases by $2.12, now at $634.25 to the US dollar

The Zimbabwe dollar today eased by $2.12 to average $634.2539 to the United States dollar. 

Black market prices remained unchanged, ranging from $700 to $820.

Offers at the auction ranged from $610 to $670.

A total US$11.5 million was allotted today to 176 bids.

Although the local currency continues to depreciate against the greenback, it has been stable for almost three months now, dropping from $458.3653 on 2 August.

It kicked off the year at $112.8228.

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