RBZ Foreign Exchange Auction Results ::: 15 December 2020

[Bulls n Bears]

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

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 15
December 2020.

 

	
Auction Results 15 Dec 2020

Auction Results 08 Dec 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

2,477,875.40

29,468,843.66

2,551,643.23

27,722,832.57


Highest Rate (ZWL)

86

86

86

86


Lowest Rate(ZWL)

80

80

80

80


Lowest Accepted Rate(ZWL)

80

80

80

80


Total Bids (USD)

2,477,875.40

29,468,843.66

2,551,643.23

27,722,832.57


Number of Bids received

207

278

202

265


Number of Bids rejected

25

25

14

29


 

 

 

 

 


Weighted Average Rate (ZWL)

81.7368

0.1473%

81.8572

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

614,518.31

15,459,943.39

616,205.64

12,482,562.44


Machinery & Equipment 

553,266.45

5,733,891.17

602,238.70

4,445,741.19


Consumables  

528,768.79

1,645,495.48

628,390.59

2,283,242.13


Pharmaceuticals & Chemicals

205,596.59

2,046,398.09

186,429.18

2,140,153.23


Services 

322,412.58

2,239,123.12

160,924.34

2,229,353.15


Retail & Distribution 

95,750.00

95,750.00

149,662.70

2,260,318.08


Fuel, Electricity & Gas 

66,908.85

2,009,086.47

168,178.81

1,452,199.39


Paper & Packaging 

90,653.83

239,155.94

39,613.27

429,262.96


Total 

                2,477,875.40 

                         29,468,843.66 

                2,551,643.23 

                         27,722,832.57 


 

 

 

 

 


Grand Total Awarded

             31,946,719.06 

5.52%

             30,274,475.80 

	
						
						

The local unit was 0.1473% firmer against greenback with highest bid rate at
ZWL86.00 on both auction markets. The total bids allotted rose 5.52% to
USD31.9m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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