RBZ FX Auction Results 28 July 2020

[Bulls n Bears Advertising]

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction results.

 

 


 
<https://www.icaz.org.zw/Shared_Content/Events/Event_Display.aspx?EventKey=W
INTER20&WebsiteKey=b11170c6-d941-42bf-a9af-c4a345ef4547> 

 

14-Jul-20

21-Jul

28-Jul-20


Amount Allotted (USD)

15,988,220

14,853,709

14,356,193.21


Highest Rate (ZWL)

85.00

82.17

82.00


Lowest Rate (ZWL)

40.00

55.00

70.00


Lowest Accepted Rate (ZWL)

64.20

70.00

75.00


Weighted Average Rate (ZWL)

68.8879

72.1470

76.7596


Total Bids (USD)

18,719,664.66

20,316,134.74

19,312,474.71


Number of Bids received

289.00

290.00

228.00


Number of Bids rejected

59.00

51.00

55.00


 

			

Purpose

Amount Allotted (USD)

Amount Allotted (USD)

Amount Allotted (USD)


Raw Materials 

5,623,685

7,417,479

7,706,268.09


Machinery & Equipment 

3,016,111

2,309,656

3,038,617.17


Retail & Distribution (incl Food, Beverages, etc) 

2,476,441

1,299,935

957,120.51


Consumables (incl Spares, Tyres, Electricals) 

1,416,914

1,122,315

670,875.00


Services (Loans, Dividends & Disinvestments) 

900,527

752,000

760,482.90


Pharmaceuticals & Chemicals

1,264,843

696,875

648,510.54


Paper & Packaging 

761,500

614,996

350,000.00


Fuel, Electricity & Gas 

528,200

640,453

224,319.00


 

			

 

			

 

15,988,220

14,853,709

14,356,193

 

 

 

Invest Wisely!

Bulls n Bears 

 

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