RBZ Foreign Exchange Auction Results ::: 17 November 2020

[Bulls n Bears]

 <http://www.nedbank.co.za/> 

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 17
November 2020.

 

	
Auction Results 17 Nov 2020

Auction Results 10 November 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

2,303,580.00

27,436,863.49

1,844,700.53

29,947,934.68


Highest Rate (ZWL)

86

90

85

86.3


Lowest Rate(ZWL)

79

80

80

80


Lowest Accepted Rate(ZWL)

79

80

80

80


Total Bids (USD)

2,303,580.00

27,436,863.49

1,844,700.53

29,947,934.68


Number of Bids received

192

294

152

268


Number of Bids rejected

17

38

9

20


 

 

 

 

 


Weighted Average Rate (ZWL)

81.7102

-0.04418%

81.6741

-0.00012%


 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

530,608.23

11,092,297.82

413,913.78

12,542,113.84


Machinery & Equipment 

578,959.12

5,628,197.63

377,174.05

4,639,312.84


Consumables  

478,606.33

2,094,829.54

556,338.82

2,687,250.18


Pharmaceuticals & Chemicals

241,910.39

2,715,428.55

160,651.63

2,686,945.11


Services 

170,866.66

2,113,240.18

100,329.03

2,110,010.79


Retail & Distribution 

105,469.66

1,787,469.07

39,793.81

3,088,664.59


Fuel, Electricity & Gas 

114,870.24

1,133,717.24

127,230.50

1,566,376.32


Paper & Packaging 

82,289.35

871,683.46

69,268.91

627,261.01


Total 

                2,303,579.98 

                         27,436,863.49 

                1,844,700.53 

                         29,947,934.68 


 

 

 

 

 


Grand Total Awarded

             29,740,443.47 

-6.45%

             31,792,635.21 

12.36%

						
						

The local unit was 0.04% weaker against greenback with highest bid rate
going back to the psychological 90 mark on the main auction. The total bids
allotted declined 6.45% to USD29.7m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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