Offers widened with the lowest offer at $95 and the highest at $120.
The local currency fell by $4 last week as the auction continues to battle to narrow the gap between the official and the black market rates.
A total of 1 934 bids were received today indicating that more people are turning to the auction.
It is not clear whether the central bank has managed to clamp down on speculators coming to the auction to buy foreign currency to sell on the black market.
It only named and shamed a few companies and has been quiet since.
(197 VIEWS)
This post was last modified on November 2, 2021 3:48 pm
Zimbabwe is going to introduce legislation which ensures that the country uses one exchange rate…
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…