Zimbabwe dollar eases to $150.22 to the US dollar


-1

The Zimbabwe dollar today shed $4.34 to average $150.2157 against last week’s $145.8721.

A total of US$32 million was today allotted to 1 379 businesses with US$3.7 million going to 989 small businesses and US$28.3 million to 389 large companies.

Offers ranged from $135 to $160 while the black market ranged from $260 to $320.

Commercial banks are now allowed to sell foreign currency at market prices but are limited to US$1 000.

(180 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!

-1
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Your email address will not be published.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 *