9.9 C
Harare
Friday, July 30, 2021
Lost ZW$0.025 in valueTotal amount allotted increased to US$32.85Highest bid received scaled down to ZW$87 on the main auction Harare - After zig-zagging up and down for the past four weeks, the Zimbabwean dollar this week fell for the second consecutive time against...
Lost ZW$0.0206 in valueTotal amount allotted increased to US$31.39Highest bid received scaled down to ZW$87.30 on the main auction Harare – After gaining an insignificant ZW$0.0001 against the greenback at last week’s auction, the Zimbabwean dollar has come out of this week’s...
Gained an insignificant ZW$0.0001Total amount allotted increased to US$30.20Highest bid received scaled up to ZW$89 on the main auction Harare – The Zimbabwean dollar has come out of this week’s foreign currency auction basically unchanged after posting a gain of ZW$0.0001 against the...
Move set to improve access to forex through formal channelsInitiative comes into effect todayTargeting individuals and very small enterprises Harare – The Reserve Bank of Zimbabwe (RBZ) has announced that it will start selling foreign currency to registered Bureaux de Changes for on-selling...
Weakened to ZWL$84.4827 against US$1Significant recovery in USD demand and activity on the auctionRaw materials remain biggest taker of forex Harare - The Zimbabwean dollar has once again fallen against the greenback after gaining an insignificant ZW$0.0031 cents at last week's auction.
Gold is earmarked to drive mining sector growth in 2021Gold exports decline trend stretching from 2020International prices easing on global mass COVID-19 vaccination rollouts Zimbabwe’s gold earning crushed to a 2 year low in January, marking a bad start to a year which is...
·         Fell from ZWL$83.9827 against US$1 ·         A total of US$32.48 million was allotted this week, up from US$32.06m ·         RBZ warned of companies trading on auction without enough local funds Harare - The Zimbabwean dollar has continued down its...
Reserve money decreased by 0.9%Banks liquidity decline by ZW$2.1 billion Harare – In the week ending on March 5,  2021  Zimbabwe’s reserve money balance decreased from a record high in the previous week by ZW$1.83 billion to ZW$20.55 billion buoyed by a decline in...
Fall to ZWL$83.9827 against US$1A total of US$37.14 million was allotted this week, up from US$35.11mMthuli Ncube dismisses allegations the forex auction rate is rigged HARARE -  The Zimbabwe dollar is showing signs of distress as it extends its falling streak against the...
Rate still stands at 1US$: ZW$83.89This is after falling from 83.75 two weeks agoPoorest performance since the enactment of the auction system This week’s Reserve Bank of Zimbabwe (RBZ) foreign currency auction largely mirrored the one held in the prior week with the...