The Zimdollar lost 5% to close at 80.5 to the USD in its 7th auction on the interbank.The downturn is consistent with its 6 week average depreciation rate of 5.5%. The ZWL$ has lost value in successive weeks since Reuters IBM resumption in Jun.
The Zimdollar lost 5% to close at 80.5 to the USD in its 7th auction on the interbank.The downturn is consistent with its 6 week average depreciation rate of 5.5%. The ZWL$ has lost value in successive weeks since Reuters IBM resumption in Jun.