Although Marketwatch put the interbank rate at 6.54, First Capital bank, formerly Barclays, was buying at 8.7 and selling at 9.14.
Commenting on the First Capital rates Zimbollar Research Institute said these were the first real steps towards a genuinely free floating exchange rate regime.
“If this takes route across all banks and Bureau de changes, then it will be a done deal for the alternative (black) market!” it said.
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