RBZ Foreign Exchange Auction Results ::: 15 September 2020

[Bulls n Bears]

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction results for 08 September
2020.

 




 

	
Auction Results 15 September 2020

Auction Results 08 September 2020

 

					
 


 

SME Auction

Main Auction

SME Auction

Main Auction

 


Amount Allotted (USD)

1,145,006.39

20,023,899.32

876,674.44

18,334,530.08

 


Highest Rate (ZWL)

86.50

88.00

86.00

88.00

 


Lowest Rate(ZWL)

75.00

75.00

73.00

75.00

 


Lowest Accepted Rate(ZWL)

75.00

75.00

73.00

75.00

 


Total Bids (USD)

1,145,006.39

20,023,899.32

876,674.44

18,334,530.08

 


Number of Bids received

96

174

74

216

 


Number of Bids rejected

12

10

15

31

 


 

				 


Weighted Average Rate (ZWL)

81.7076

	82.6993

	 


 

				 


Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments

 


 

USD

USD

USD

USD

 


Raw Materials 

216,017.57

8,517,466.62

255,701.24

8,733,446.74

 


Machinery & Equipment 

218,345.42

3,184,717.63

226,347.72

3,320,021.02

 


Consumables (incl Spares, Tyres, Electricals) 

291,322.10

1,357,389.93

218,332.56

2,288,538.49

 


Pharmaceuticals & Chemicals

69,586.00

1,201,484.00

66,392.74

293,320.00

 


Services (Loans, Dividends & Disinvestments) 

148,175.75

1,982,763.37

67,312.18

1,595,142.76

 


Retail & Distribution (incl Food, Beverages, etc) 

67,557.05

1,561,290.48

22,588.00

1,288,763.89

 


Fuel, Electricity & Gas 

40,000.00

1,279,959.95

-

565,297.18

 


Paper & Packaging 

94,002.50

938,827.34

20,000.00

250,000.00

 


Total 

1,145,006.39

20,023,899.32

876,674.44

18,334,530.08

 


 

				 


Grand Total Awarded

21,168,905.71

	19,211,204.52

	 

							

 

The local unit appreciated against the greenback by 1.21% since the last
auction. There was also an increase in the amount allotted to an all-time
high of USD21.17m and this may be partly explained by liquidation of the 20%
of foreign currency generated locally.

 

 

Invest Wisely!

Bulls n Bears 

 

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