Zimbabwe dollar falls marginally to $613.37 to the US dollar


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The Zimbabwe dollar today fell marginally by $9.11 to average $613.3681 against the United States dollar, clearly indicating that the currency may be stabilising.

The lowest offer rose marginally from $570 last week to $580 this week but the highest offer remained at $655.

The black market rates remained at $700 to $750.

A total of US$13.7 million was allotted to 229 small enterprises and 99 large firms today.

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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.

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