The Zimbabwe dollar today shed $2.62 to average $632.1371 to the United States but rates on the parallel market remained unchanged ranging from $700 to $820.
A total of US$10.6 million was allotted today to 164 entities including 61 large firms which got US$9.5 million.
Offers at the auction ranged from $608 to $661.
The rate offered by some of the large shops, which was around $691, could rise to $700 further eroding the usefulness of the black market rate.
But at the market, people are still changing the Zimbabwe dollar when buying goods at the rate of $800 to one.
The ZimInsider
