The following rates are the average interbank exchange rates from several commercial banks for today.
N.B: The midrate is based on the median of the rates received on the day.
Credit: The rates were gathered by Zfn at a particular time of the day so when you go to your bank the rates may have changed.
For blackmarket rates
You can easily keep up with the rapidly changing exchange rates on WhatsApp? You just send the word Rate to the Techzim Market number:0719696102. Or use this shortcut
link:http://wa.me/263719696102?textRate
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5 comments
I am asking from a position of total ignorance, because i am outside the country. At these advertised rates, does it mean that its now possible for me and you to actually walk into the bank and ask for American dollars and be able to get them as long as i have enough bond notes and/RTGS? Or the system only works when one is selling their American dollars?
Not yet possible boss, these rates are for the politically connected only ….
No,one does not need any political connection to access foreign currency for importing items for business.lts your bank who you should be known to and the goods or services you need from outside.
SI 145( statutory instrument ) is a way of draining pple’s forex through the formal channel.
no individual is allowed to buy Forex because its abolished but can only do a telegraphic transfer outside the country provided there is a n invoice and proper beneficiary documentation..
you can only sell your forex but u cant buy it
The best source of info or advise is your bank, not these comments by traitors who celebrate Zimbabwe’s economic meltdown.Thats my advise.