Paul Nyathi 

The combined SMEs and Main Foreign Exchange Auction has concluded. This week the local currency made a marginal gain with weighted average sitting at ZWL$83.3209. Last week weighted average and effectively the rate sat at ZWL$83.3994 which is a very small uptick of ZWL$0.0785.

This is the first time that there has been a bounceback of the local currency since the inception of the auction.

The full results to follow.