Zimbabwe dollar falls marginally to $613.37 to the US dollar




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HARARE – The Zimbabwe dollar today fell marginally by $9.11 to an average of $613.3681 against the United States dollar, clearly indicating that the currency may be stabilising.

The lowest offer rose marginally from $570 last week to $580 this week but the highest offer remained at $655.

The black market rates remained at $700 to $750.

A total of US$13.7 million was allotted to 229 small enterprises and 99 large firms today.

Source: The Insider