The Zimbabwean dollar (Zimdollar) depreciated by 5 percent to the United States dollar this past week, as Reserve Bank of Zimbabwe released latest forex trading results.
The local currency is officially trading at 705 this week, sliding from 671 last week.
It is much weaker on the parallel market where the United States dollar is fetching as much as ZWL$1,200.
Below are the latest auction results:
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