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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