The Zimbabwe dollar significantly recovered again, trading at ZWL$4 647 to the USD at the Reserve Bank of Zimbabwe (RBZ) Wholesale Foreign Exchange Auction on Wednesday 6 September.

In the previous auction the Zimdollar traded at around ZWL4 700.

Meanwhile, RBZ said eight (18) bids were submitted by banks and all the bids were accepted and allotted cash.

According to the RBZ, US$20 million was on offer and just over US$18 million was allotted.