RBZ Foreign Exchange Auction Results ::: 27 October 2020
Bulls n Bears
info at bulls.co.zw
Tue Oct 27 18:07:38 CAT 2020
Dear Subscriber,
Please see herein the RBZ Foreign Currency Auction results for 27 October
2020.
Auction Results 27 Oct 2020
Auction Results 20 Oct 2020
SME Auction
Main Auction
SME Auction
Main Auction
Amount Allotted (USD)
1,676,072.85
26,175,746.77
1,740,633.79
27,057,595.85
Highest Rate (ZWL)
86
89
86
87.1
Lowest Rate(ZWL)
79
80
79
79
Lowest Accepted Rate(ZWL)
79
80
79
79
Total Bids (USD)
1,676,072.85
26,175,746.77
1,740,633.79
27,057,595.85
Number of Bids received
146
274
146
238
Number of Bids rejected
18
36
14
15
Weighted Average Rate (ZWL)
81.3531
-0.00393%
81.3499
Purpose
SME Auction
Allotments
Main Auction
Allotments
SME Auction
Allotments
Main Auction
Allotments
USD
USD
USD
USD
Raw Materials
445,902.32
10,457,656.59
379,237.17
10,577,731.11
Machinery & Equipment
237,171.57
4,300,722.02
399,295.98
4,071,793.78
Consumables (incl Spares, Tyres, Electricals)
454,901.94
2,713,077.60
484,901.02
2,691,432.18
Pharmaceuticals & Chemicals
114,030.01
2,661,580.90
99,525.99
3,732,503.04
Services (Loans, Dividends & Disinvestments)
183,157.20
1,652,236.53
163,404.77
2,464,388.66
Retail & Distribution (incl Food, Beverages, etc)
70,057.60
2,528,349.23
103,101.59
1,864,413.48
Fuel, Electricity & Gas
111,506.70
1,305,299.41
91,167.27
1,042,378.92
Paper & Packaging
59,345.51
556,824.49
20,000.00
612,954.68
Total
1,676,072.85
26,175,746.77
1,740,633.79
27,057,595.85
Grand Total Awarded
27,851,819.62
-3.29%
28,798,229.64
The local unit appreciated against the greenback by marginally since the
last auction. There was also a decline in the amount allotted to US$27.9m.
Demand for currency on the interbank remains strong.
Invest Wisely!
Bulls n Bears
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