Business

Zimdollar closes at ZW$65.87 against USD

Ndakaziva Majaka The Zimbabwe dollar closed Tuesday’s auction down to $65.87 to the US dollar as the country continues in price discovery. Last week, the rate was at ZW$63,74 to the USD from a ...

Zim exchange rate shoots to ZW$63,74:USD

Ndakaziva Majaka  WITH Zimbabwe still in price discovery, the country’s Foreign Currency Auction System closed bids on Tuesday with a weighted average of ZW$63,74:US$1 from last week’s rate ...

Zimbabwe shuts Stock Exchange, Ecocash, One Money

ZTN Correspondent The Zimbabwe Government has suspended the stock exchange and mobile phone-based transactions “to deal with malpractices, criminality andeconomic sabotage”. In a statement on Friday, ...

Zim Fuel price up 150 percent

Ndakaziva Majaka FUEL prices in Zimbabwe have surged by about 150 percent, effective June 24 following an earlier review of the country’s exchange rate. According to a schedule released by the ...

Zimbabwe’s new auction opens with $57.36 exchange rate

Ndakaziva Majaka The official Zimbabwe Dollar: US Dollar exchange rate is now $57.36 following operationalisation of the Southern African country’s Foreign Exchange Auction System on Tuesday. The ...

Zim to employ dual pricing system

ZTN Reporters THE Reserve Bank of Zimbabwe has announced that the Foreign Exchange Auction Trading System will be operational with effect from 23 June. The development will see a dual pricing system ...