Zimbabwe Fuel Price Goes DOWN

Fuel Queue After Fuel Price Increase

Zimbabwe Fuel Price Goes Down

Zimbabwe Fuel Price Goes Down
Zimbabwe Fuel Price Goes Down

The Zimbabwe Energy Regulatory Authority (ZERA) has announced a decrease in the price of diesel fuel although blended petrol, on the other hand, had gone down. The new fuel prices are effective today, Friday 28 February 2020.

Diesel has gone down to ZWL17.28 from ZWL$19.55 per litre while Blended Petrol has gone up to ZWL$18.40 per litre from ZWL$18.40.

The new prices of fuel translate to  US$0.96 (96 cents) per litre of diesel and US$1.03 using the government’s official interbank forex rate.  However, using the ubiquitous black market rates which are more widely used by the generality of the population, this translates to US$0.54 (54 cents) per litre of diesel and US$0.58 (58 cents) per litre of blended petrol.


Below is the full statement from ZERA

[Official Interbank Rate: US$1 = 17.95 Zimbabwe Dollar, Black Market Rate: US$1 = 32 Zimbabwe Dollar]

Also Read:


To read the latest news on WhatsApp, send a WhatsApp message with the word NEWS to +263718636522 to enjoy this and other stories.

To View and Apply for the latest Jobs and Vacancies in Zimbabwe, Please Visit our Sister website iHarare Jobs

For the latest Exchange Rates and prices of groceries, meat, fuel e.t.c please visit our sister website iHarare Price Check

The post Zimbabwe Fuel Price Goes DOWN appeared first on iHarare News.