ZIMDOLLAR GAINS FOR THE SECOND WEEK RUNNING

For the second week running, the Zimbabwe dollar yesterday
firmed marginally against the US dollar in the weekly auction, this time by
just under three quarters of a percent, to $82,6993 from last week’s $83,32
despite a record allotment of US$19,2 m…

For the second week running, the Zimbabwe dollar yesterday firmed marginally against the US dollar in the weekly auction, this time by just under three quarters of a percent, to $82,6993 from last week’s $83,32 despite a record allotment of US$19,2 million on both the main and SMEs auctions. The new stable rates generated by the auction system in the past month are emphasised by the