For most parts of last week and the first two days of this week, rates have been play ping pong around the $20 ZWL with most dealers either paying that $20 ZWL while others are paying just below that mark for small amounts and just above, about $20.50 for large amounts.
We don’t expect that to change unless there is a dramatic change in the market. According to our good friends at MarketWatch rates usually, dip a bit midweek before making slight gains as we get towards the weekend so it’s possible they will firm around the $20.50 ZWL per USD as we get towards the weekend.
The interbank rate meanwhile has recovered and even made some gains after seeing all-round losses on Monday. It now stands at $15.51.
Yesterday’s closing rates
| OMIR | 24.24 |
| USD / ZWL$ zimrates.com | 20.3 |
| USD / ZWL$ zwl365.com | 20.3 |
| USD / ZWL$ bluemari.info | 20.3 |
| USD / ZWL$ rbz.co.zw | 15.51 |
| USD / BOND zimrates.com | 13.1 |
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