LATEST: US dollar official and black market rates update

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The much-anticipated 2019 Monetray Policy Statement came and saw the Reserve Bank liberalizing the foreign currency exchange market.

However, the black (or parallel) market rate remains a premium compared to the official rate, as the updated obtaining rates as of Tuesday morning  show.

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

Data according to the Reserve Bank of Zimbabwe:

RTGS$ to USD: 2.50
RTGS$ to RAND: 5.67

Black Market Rates:

RTGS$ to USD: 3.55
RTGS$ to RAND: 4.00

— MarketWatch


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