Zimbabwe dollar sheds another $25, now at $4 542.37 to the US


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The Zimbabwe dollar today shed $25 to average $4 542.311 to the United States dollar with the gap between the highest and lowest offers narrowing to only $55.

All the money on offer was taken up.

The local currency has weakened over the last two auctions after a rally that lasted more than five weeks.

Zimbabwe is holding elections in 22 days.

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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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