Bank Rates
The current bank exchange rates for the RTGS$ today are as follows
- RTGS$ to USD: 2.50
- RTGS$ to RAND: 5.58
Data according to the Reserve Bank of Zimbabwe.
Black Market Rates:
- RTGS$ to USD: 3.45
- RTGS$ to RAND: 4.04
More: marketwatch.co.zw
RTGS$ Exchange Rates: Official Bank Rate and Black Market – 28 Feb
Forex dealers on the streets of Harare
The ratios seem to be inverted
If RTGS$ to RAND: 5.58 means 1 RTGS : R5.58
then RTGS$ to USD: 2.50 means 1 RTGS : USD 2.50
I agree with you. It is disgusting. Why do people rush into participating in such issues that are critical to the welfare of other people and then continue to show such gross magnitude negligence?
I am amazed by the rate of unreliable and careless publicity through the media.One wonders whether any information to do with the performance of the Zimbabean economy through such media should continue to be taken serious.