RBZ Foreign Exchange Auction Results ::: 08 December 2020

[Bulls n Bears]

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

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 08
December 2020.

 

	
Auction Results 08 Dec 2020

Auction Results 01 Dec 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

2,551,643.23

27,722,832.57

2,153,933.22

31,193,922.34


Highest Rate (ZWL)

86

86

87

90


Lowest Rate(ZWL)

80

80

80

80


Lowest Accepted Rate(ZWL)

80

80

80

80


Total Bids (USD)

2,551,643.23

27,722,832.57

2,153,933.22

31,193,922.34


Number of Bids received

202

265

189

278


Number of Bids rejected

14

29

23

34


 

 

 

 

 


Weighted Average Rate (ZWL)

81.8572

0.02358%

81.8765

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

616,205.64

12,482,562.44

565,832.16

14,455,583.16


Machinery & Equipment 

602,238.70

4,445,741.19

343,514.11

3,881,163.60


Consumables  

628,390.59

2,283,242.13

532,861.51

2,478,807.13


Pharmaceuticals & Chemicals

186,429.18

2,140,153.23

165,368.09

2,362,313.27


Services 

160,924.34

2,229,353.15

152,915.69

2,524,188.11


Retail & Distribution 

149,662.70

2,260,318.08

149,973.96

3,466,090.38


Fuel, Electricity & Gas 

168,178.81

1,452,199.39

131,271.95

1,472,235.21


Paper & Packaging 

39,613.27

429,262.96

112,195.75

553,541.48


Total 

                2,551,643.23 

                         27,722,832.57 

                2,153,933.22 

                         31,193,922.34 


 

 

 

 

 


Grand Total Awarded

             30,274,475.80 

-9.22%

             33,347,855.56 

	
						
						

The local unit was 0.02358% firmer against greenback with highest bid rate
at ZWL86.00 on both auction markets. The total bids allotted declined 9% to
USD30.2m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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