ZWL pegged at $76.76 against the US Dollar

THE Zimbabwe Dollar is gradually finding its equilibrium position against the United States Dollar as it is now trading at ZWL76.76 to the Greenback.
This follows the Reserve Bank of Zimbabwe’s foreign currency auction this Tuesday.
Statistics from the auction reveals the highest bid was ZWL85 while the lowest accepted bid was ZWL75.
A total of 228 bids were received whilst 55 bids were rejected for not complying with the bidding regulations.
A total of US$14.4 million was traded at this Tuesday’s forex auction.

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