Zimbabwe dollar steady against US dollar


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The Zimbabwe dollar today shed only $3.58 against the United States dollar to average $4 559.7414.

Offers ranged from $4 550 to $4 584 with USD$17.5 million of the US$20 on offer being taken.

The local currency has been sliding marginally against the United States dollar but has remained below $4 600.

Zimbabwe is holding crucial elections in 15 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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