RBZ Foreign Exchange Auction Results ::: 24 November 2020

[Bulls n Bears]

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

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 24
November 2020.

 

	
Auction Results 24 Nov 2020

Auction Results 17 November 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

2,324,864.48

30,630,562.31

2,303,580.00

27,436,863.49


Highest Rate (ZWL)

86

88.33

86

90


Lowest Rate(ZWL)

80

80

79

80


Lowest Accepted Rate(ZWL)

80

80

79

80


Total Bids (USD)

2,324,864.48

30,630,562.31

2,303,580.00

27,436,863.49


Number of Bids received

181

289

192

294


Number of Bids rejected

15

21

17

38


 

 

 

 

 


Weighted Average Rate (ZWL)

81.8151

-0.12822%

81.7102

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

627,543.76

13,388,111.44

530,608.23

11,092,297.82


Machinery & Equipment 

488,162.79

6,158,604.61

578,959.12

5,628,197.63


Consumables  

437,479.62

2,651,123.89

478,606.33

2,094,829.54


Pharmaceuticals & Chemicals

190,567.68

2,367,928.69

241,910.39

2,715,428.55


Services 

253,443.97

2,581,077.85

170,866.66

2,113,240.18


Retail & Distribution 

159,613.40

1,813,171.82

105,469.66

1,787,469.07


Fuel, Electricity & Gas 

82,656.98

1,043,660.49

114,870.24

1,133,717.24


Paper & Packaging 

85,396.28

626,883.52

82,289.35

871,683.46


Total 

                2,324,864.48 

                         30,630,562.31 

                2,303,579.98 

                         27,436,863.49 


 

 

 

 

 


Grand Total Awarded

             32,955,426.79 

10.81%

             29,740,443.47 

 

						
						

The local unit was 0.1282% weaker against greenback with highest bid rate
receding from the psychological ZWL90 mark on the main auction to ZWL88.33.
The total bids allotted rose 10.81% to USD33.0m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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