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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