Categories: Stories

Zimbabwe dollar inches closer to $900 to the US dollar

The Zimbabwe dollar today eased by $10.88 to average $892.6349 against the United States, slightly closing the gap with the black market rate which remained stagnant at $1 000 to $1 300.

Offers at today’s auction ranged from $885 to $990.

A total of US$1.6 million was allotted to 205 small and medium enterprises and 174 large firms. 

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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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Charles Rukuni
February 28, 2023 2:57 pm

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