Zimbabwe dollar continues its slide against the US dollar

The Zimbabwe dollar today fell by 28 cents against the United States dollar to average 84.4001 at today’s foreign currency auction.

A total of 529 bids were accepted and were allotted US$35.8 million.

The Zimbabwe dollar has fallen by $2.61 against the greenback since the beginning of the year.

The lowest offer today was $82 and the highest $87.50.

US$1.05 billion has been disbursed through the auction since it started on 23 June last year but  US$424.8 million was allotted in the first three month of this year.

The country’s central bank has published a list of 788 companies that have benefitted from the auction from June last year to the end of February.

Here is the list.

(84 VIEWS)

Don't be shellfish... Please SHARE

Google

Twitter

Facebook

Linkedin

Email

Print