RBZ Foreign Exchange Auction Results::: 01 September 2020

Tue Sep 1 20:09:57 CAT 2020

Dear Subscriber,

Please see herein the RBZ Foreign Currency Auction results for 01 September
2020.

 <mailto:info at bulls.co.zw?subject=Advertising%20Inquiry> 

Auction Results 25 August 2020

Auction Results 18 August 2020

SME Auction

Main Auction

SME Auction

Main Auction

Amount Allotted (USD)

976,403.52

15,039,656.10

960,791.84

14,064,871.90

Highest Rate (ZWL)

86.00

87.50

88.00

88.00

Lowest Rate(ZWL)

76.50

76.00

75.00

80.00

Lowest Accepted Rate(ZWL)

76.50

76.00

75.00

80.00

Total Bids (USD)

976,403.52

15,039,656.10

960,791.84

14,064,871.90

Number of Bids received

75

154

85

139

Number of Bids rejected

11

25

10

33

Weighted Average Rate (ZWL)

83.3209

	83.3994

Purpose

SME Auction 

Allotments

Main Auction 

Allotments

SME Auction 

Allotments

Main Auction 

Allotments

USD

USD

USD

USD

Raw Materials 

373,003.95

6,050,369.71

207,931.76

4,970,224.02

Machinery & Equipment 

234,793.50

3,540,376.93

162,741.26

3,870,515.84

Consumables (incl Spares, Tyres, Electricals) 

112,721.04

1,307,558.40

151,749.85

1,671,224.20

Pharmaceuticals & Chemicals

59,584.00

903,605.60

140,450.41

1,470,373.59

Services (Loans, Dividends & Disinvestments) 

92,988.40

1,483,611.12

137,101.50

843,215.51

Retail & Distribution (incl Food, Beverages, etc) 

53,252.63

1,003,384.34

98,700.00

766,098.49

Fuel, Electricity & Gas 

-

550,750.00

32,797.06

358,564.78

Paper & Packaging 

50,060.00

200,000.00

29,320.00

114,655.47

Total 

976,403.52

15,039,656.10

960,791.84

14,064,871.90

Grand Total Awarded

16,016,059.62

	15,025,663.74

The local unit appreciated against the greenback by 0.0942%.

Invest Wisely!

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