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.
Zwnews
Kaizer Chiefs coach Cedric Kaze has urged patience and composure after the club’s poor run… Read More
Kaizer Chiefs have suffered a major setback with two experienced players injured. Both Brandon Petersen… Read More
Premier Soccer League giants Kaizer Chiefs have reportedly set their sights on Nigeria international goalkeeper… Read More
Kaizer Chiefs’ preparations for the Soweto Derby were severely disrupted before kick-off, a reality that… Read More
Kaizer Chiefs registered a second successive victory in the CAF Confederation Cup group stages after… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through … Read More