RBZ Foreign Exchange Auction Results ::: 29 September 2020

[Bulls n Bears]

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction results for 29 September
2020.

 




 

	
Auction Results 29 September 2020

Auction Results 22 September 2020

 

					
 


 

SME Auction

Main Auction

SME Auction

Main Auction

 


Amount Allotted (USD)

1,441,116.28

23,067,310.73

1,224,857.29

30,414,189.63

 


Highest Rate (ZWL)

86.00

86.00

86.00

86.70

 


Lowest Rate(ZWL)

78.00

78.00

78.00

78.00

 


Lowest Accepted Rate(ZWL)

78.00

78.00

78.00

78.00

 


Total Bids (USD)

1,441,116.28

23,067,310.73

1,224,857.29

30,414,189.63

 


Number of Bids received

129

233

117

301

 


Number of Bids rejected

6

22

22

35

 


 

				 


Weighted Average Rate (ZWL)

81.4439

	81.4965

	 


 

				 


Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments

 


 

USD

USD

USD

USD

 


Raw Materials 

277,342.23

8,636,133.19

367,244.21

13,561,794.59

 


Machinery & Equipment 

326,567.01

2,956,385.89

210,272.02

5,726,110.84

 


Consumables (incl Spares, Tyres, Electricals) 

342,354.35

3,107,571.06

228,453.11

2,737,206.45

 


Pharmaceuticals & Chemicals

61,142.19

1,798,133.39

62,527.00

1,522,098.10

 


Services (Loans, Dividends & Disinvestments) 

138,376.84

2,428,054.20

118,470.39

2,418,570.33

 


Retail & Distribution (incl Food, Beverages, etc) 

153,350.09

2,189,853.69

187,532.30

2,344,658.71

 


Fuel, Electricity & Gas 

79,182.15

1,487,832.09

39,000.00

1,656,886.95

 


Paper & Packaging 

62,801.42

463,347.22

11,358.26

446,863.66

 


Total 

1,441,116.28

23,067,310.73

1,224,857.29

30,414,189.63

 


 

				 


Grand Total Awarded

24,508,427.01

	31,639,046.92

	 

							

 

The local unit appreciated against the greenback by 0.06% since the last
auction. The total bids allotted declined by 23% to USD24.5m.

 

 

Invest Wisely!

Bulls n Bears 

 

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