Black market exchange rate and interbank rate Tuesday morning, 28 May » ZOOM Zimbabwe News
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Black market exchange rate and interbank rate Tuesday morning, 28 May

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The parallel market rate has resumed an upward trend and is moving away from the interbank rate which had also gone up of late. 

The black market rates are now effectively hovering well above a 620 percent premium (1:7.2).

Below are the black market rates aggregated from a number of sources.

Zimbollar.co.zwMarketWatch.co.zwRates.co.zwAVERAGE
100 USD730 RTGS$730 RTGS$720 RTGS$725.00
100 USD710 Bond700 Bond710 RTGS$705.00
100 Bond130 RTGS$140 RTGS$125 RTGS$130.00
100 USD1437 ZAR1437 ZAR1438 ZAR1437.33
Last Updated May 28, 2019May 28, 2019, 09:02May 28, 2019, 20:38

Below are the official interbank foreign currency market rates from the Reserve Bank of Zimbabwe,

The current bank exchange rates for the RTGS$ today are as follows

  • USD to RTGS$: 5.0748
  • RTGS$ to RAND: 2.8460




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