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Zimbabwe Dollar Official Rate Now $6 000 To The US Dollar

1 year agoTue, 13 Jun 2023 17:35:53 GMT
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Zimbabwe Dollar Official Rate Now $6 000 To The US Dollar

The Reserve Bank of Zimbabwe (RBZ) has set the official exchange rate at almost ZWL$6 000 to the US dollar.

According to the results of the foreign exchange auction conducted on Tuesday, 13 June 2023, the wholesale weighted average was US$1: ZWL$5 978.6794.

On 06 June 2023, the weighted average was US$1: ZWL$3 673.7718, from US$1: ZWL$2 577.0564 on 30 May.

Today, the RBZ allotted a total of US$2,945,406.28, down from US$4,987,432.34 allotted last week, with the bulk of the allotment going to raw materials, followed by machinery and equipment.

The RBZ said that all bids within the pre-announced amount were allotted in full.

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It said bids with overdue CDIs, outstanding Bills of Entry (BOEs), insufficient ZWL and those with sufficient balances were also disqualified.

The RBZ added that starting the week beginning 19 June 2023, authorised dealers will submit bids for the two auctions, that is, the forex auction and the wholesale forex auction by 9 AM on Tuesdays.Image

More: Pindula News

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48 Comments

Anonymous · 1 year ago
Mamvemve aye ayo.. Mangudya na Mthuli newe Guvamatanga...
Anonymous · 1 year ago
Biti Hona zvinhu zviya kozvoenda ndicho here chamupidigori chawaireva cherate ichi or chiri mberi
Citizen · 1 year ago
Rtgs ndoendesa ku council to pay billls handidi zvinondinetsa ini ndosara nemari chaiyo chaiyoo yokwavo
fugu pfeee · 1 year ago
citizen ndokugona kwaunoita. uyu ndomukana wekubhadhara zvikwereti zvema rtgs zvaikunetsayi nekutenga magetsi akawanga nema rtgs
Sorojena · 1 year ago
RtgsBondDollar is on her death bed. If you earn it never withdraw it because it causes litter 🚮 in our streets, just swipe it kunana Ok or TM. It's not money worth carrying, kurambwa neVendor rinotengesa muriwo! Saka yamari papi. Working and earning the RtgsBondDollars is akin to slavery. Get up, stand up and fight for your right vote wisely and remove the Demon of suffering
chatson · 1 year ago
There is stability in prices for those who have us$ because bread is still us$1 fuel is less than usd1.70 Saka Ntuli NCube chigogodza haadi kuteerere ngàarase rtgs chete
Okongo The Villager · 1 year ago
Sanctions sanctions sanctions codes let's pull our socks and brace for more to come, corruption is here with us full time ,then brace for violence and more violence and then shootings and more shootings ,I forsee a bleak future for the greater populace of this country ,misery ,hunger and starvation followed by diseases ,,hapana kwatiri kuenda ne Zim dollar iri, if the looting ofresources continues ,the next is the bumper harvested grains which are going to be looted and then hunger settles in
tindo.com · 1 year ago
itai zvenyu life Mucha nyura pa23 race ,vote yellow for better life
TTT · 1 year ago
Mtuli Ncube is now making headlines.
· 1 year ago
He has always been. For the wrong reasons, since Barbican Bank days.
@ · 1 year ago
Once the auction system is dropped,there will be price stability.
· 1 year ago
Igore ripi iroro?
xxx · 1 year ago
What's really going on? Kuinformal sector rate is ZWL 2500 to ZWL 3000.
@xxx · 1 year ago
The black market rate is being determined by pure market forces - forces of demand and supply, whereas the official rate is being determined by the auction system. The auction system does not provide a true reflection of the general demand of the dollar because its an elitist market. If the poor were allowed to participate in that market, I am sure there would be a large difference between the lowest bidder and the highest bidder, thus the weighted average would not increase at this phenomenal rate. The elitists have a lot of bond dollars to dispose, therefore they dump them on the auction floor. Remember the Russian revolution - We rule you, we eat for you, we shoot you - tichingo tonga imi muchi ukura.
Hokage · 1 year ago
chimbo sotwai nenhamo ndokuti muzive pokuisa X next time, chionai manje makuchema chema ka pay ke 50000 ka evaporeta , you will suffer , you will sh.it your pants , remove them And lick that **** off because you'll have nothing to wash it off with andyou have nothing to eat , hahahah😈I hope ZANU PF wins this next term so that it shreds you into smithereens.
tino · 1 year ago
To do two things at once is to do neither💃
Anonymous · 1 year ago
RTGS ririkuenda Mthuli ari kuCowdray Park He is trying to kill two birds with one stone but I think he is going to miss both 😂😂😂😂
Jah🦓 Tsvarie-07 · 1 year ago
WHOEVER SAVES HIS LIFE SHALL LOSE IT WHOEVER LOSES HIS LIFE FOR CHRIST SAKE SHALL FIND IT what shall it profit a man to live larger than life and lose his life 🤔
Big Dhara Munhu Mukuru · 1 year ago
🤣🤣🤣mmhmmmhahhaah Saka if ED rules for another 5 years rate richasvika $1 billion kaaa. Takambosvika kunana $1 Quintillion lol Vote for CCC
Y2K · 1 year ago
zwdollar ichange kwete money for major transactions so I don't know what this fussy is all about.
...... · 1 year ago
@ y2k dude you talking of change when someone is wholly paid in rtgs (if at all it's a currency). don't be nasty
Hokage · 1 year ago
😑KG and PK I summon you , what do you have to say for yourselves
Ano · 1 year ago
Hauvanzwi pakadaii coz data irori hariwanike kumasero
fugu pfeee · 1 year ago
works of saboteurs. chengeta rtgs yako nekuti pachadxikavrate unenge wane chibag chihombe.
@hokage · 1 year ago
you won't find em pakadai they are waiting to be told what to say by their handlers. DUNDERHEADS
...... · 1 year ago
@pk in this inflationary environment like seriously anyway, it's not your fault but your miseducation
fugu pfeee · 1 year ago
iwe ma fullstop ..... dzidza kuona zvemberi
warning! · 1 year ago
🤣🤣🤣🤣🤣🤣🤣 wabva wati iwe mafullstop here.
SC · 1 year ago
Mthuli anofanirwa kubhara mazero
tino · 1 year ago
bread in those big shops is 12 000 rtgs so it literally mean kuti ne US dollar bread is $2 chikasakwira futi tomorow🤢😃
Anonymous · 1 year ago
Confirm there is a second auction tomoro for the wholesale rate ??? As this is the inter bank rate ????? How useless ???
Zelensky · 1 year ago
I am paid rtgs 150000 , Now I can't afford even to buy airtime with my salary, everything is now impossible.
· 1 year ago
Welcome to Zimboland, nyika inotongwa nevene vayo, vakabata gidi.
Dispenser · 1 year ago
This is forced rate. The official rate transact at 1 as to 12thousand. The reason why bread is costing 12th or 0ne dollar
jobo · 1 year ago
famba Mthuli famba
Bond chiramba kusakara asi kusazoda kutenga zvinhu hobho mhani · 1 year ago
Bond haribvaruki asi kusazoda kutenga Kani veduwe zvinhu zve 150000 hazvizadze paabeg ..pay yangu year yapera amanaka 😥😥😥😭😭😭
me · 1 year ago
Zve ma rates izvo why don't they keep their mouth shut vakutotivhiringa

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