RBZ Foreign Exchange Auction Results ::: 21 December 2020

[Bulls n Bears]

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

 

Dear Subscriber,

 

Please find herein the RBZ Foreign Currency Auction Market results for 21
December 2020.

 

	
Auction Results 21 Dec 2020

Auction Results 15 Dec 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

1,673,639.08

27,909,106.11

2,477,875.40

29,468,843.66


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)

1,673,639.08

27,909,106.11

2,477,875.40

29,468,843.66


Number of Bids received

129

237

207

278


Number of Bids rejected

9

10

25

25


 

 

 

 

 


Weighted Average Rate (ZWL)

81.7866

-0.0609%

81.7368

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

503,434.33

13,301,481.09

614,518.31

15,459,943.39


Machinery & Equipment 

287,409.40

4,550,481.08

553,266.45

5,733,891.17


Consumables  

353,602.63

1,567,264.86

528,768.79

1,645,495.48


Pharmaceuticals & Chemicals

163,989.68

2,700,865.11

205,596.59

2,046,398.09


Services 

57,932.12

1,650,733.10

322,412.58

2,239,123.12


Retail & Distribution 

150,876.20

2,543,013.07

95,750.00

95,750.00


Fuel, Electricity & Gas 

133,096.80

1,084,551.98

66,908.85

2,009,086.47


Paper & Packaging 

23,297.92

510,715.82

90,653.83

239,155.94


Total 

                1,673,639.08 

                         27,909,106.11 

                2,477,875.40 

                         29,468,843.66 


 

 

 

 

 


Grand Total Awarded

             29,582,745.19 

-7.40%

             31,946,719.06 

	
						
						

The local unit was 0.0609% weaker against greenback with highest bid stick
upwards at ZWL86.00 on both auction markets. The total bids allotted
declined 7.4% to USD29.6m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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