The Zimbabwe dollar today remained stable against the United States dollar at today’s foreign currency auction averaging 83.3720 against last week’s 83.3725.
All bids accepted were allotted in full with a total of US$34.6 million being disbursed.
Offers narrowed with the lowest at $81 and the highest at $88 against last week’s $80 and $89, respectively.
The local currency could firm if the country has a good harvest.
Reports today said the Grain Marketing Board is expecting 3.1 million tonnes of maize, about 1.2 million more than the national requirement.
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