Yesterday we reported that the rate between the Zimbabwean dollar and the USD had risen beyond the $2 030 ZWL: $100 USD. This has been the trend throughout this week but this morning the Zimbabwean dollar made some very modest gains.

Currently, most black market traders are offering anything between $1 930-$1 980 for small amounts-usually means amounts below $1 000. The big dealers are paying around $2 000 ZWL for $100USD for big amounts.

DESCRIPTIONCODERATE
US DOLLARS : REAL TIME GROSS SETTLEMENT (ALTERNATIVE)USD : RTGS (A)20.00
British Pound: RTGS GBP : RTGS (A)22.60
British Pound: USDGBP : USD1.19
USD: Bond USD : BOND (A)13.00
Bond: RTGSBOND : RTGS (A)1.54
USD: RandUSD : ZAR14.66
OMIROMIR : RTGS24.66
Interbank RateUSD : RTGS (O)15.37

Source: Bluemari

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