Categories: Stories

Zimbabwe dollar sheds $15.78 to $5 790.05 to the US dollar

The Zimbabwe dollar today shed only $15.78 to average $5 790.0545 to the United States dollar despite inflation rising by nearly four percentage points to 21.6% this month.

Offers ranged from $5 785 to $5 820.

According to Zimpricecheck, the dollar has a buying rate of $7 000 and a selling rate of $8 000 on the black market

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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
November 28, 2023 2:47 pm

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