RBZ Foreign Exchange Auction Results ::: 16 February 2021

[Bulls n Bears]

 <https://www.facebook.com/Hyundaizimbabwe/> 

 

Dear Subscriber,

 

Please find herein the RBZ Foreign Currency Auction Market results for 16
February 2021.

 

	
Auction Results 16 Feb 2021

Auction Results 09 Feb 2021

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Value of Bids Accepted (USD)

2,928,388.75

35,658,511.50

2,646,464.78

31,980,155.84


Highest Rate (ZWL)

88.0000

89.0000

88.0000

87.0000


Lowest Rate (ZWL)

82.0000

82.0000

81.0000

81.0000


Lowest Accepted Rate (ZWL)

82.0000

82.0000

82.0000

82.0000


Amount Allotted (USD)

2,928,388.75

35,658,511.50

2,646,464.78

31,980,155.84


Number of Bids received

235

368

215

331


Number of Bids rejected

19

44

18

28


 

				

Weighted Average Rate (ZWL)

83.7573

0.4600%

83.3720

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

642,079.49

17,632,366.75

595,412.97

14,241,558.32


Machinery & Equipment 

584,020.62

6,168,295.87

615,646.39

4,581,809.57


Consumables  

728,829.69

2,297,642.05

521,743.38

1,994,243.28


Pharmaceuticals & Chemicals

352,162.24

2,420,340.41

278,558.16

2,606,817.67


Services 

215,332.56

2,265,229.28

275,661.05

3,326,741.91


Retail & Distribution 

215,769.41

2,747,681.03

157,564.75

2,872,621.27


Fuel, Electricity & Gas 

127,726.27

1,897,952.19

136,593.07

1,946,511.09


Paper & Packaging 

62,468.50

229,003.92

65,285.01

409,852.73


Total 

2,928,388.78

35,658,511.50

2,646,464.78

31,980,155.84


 

				

Grand Total Awarded

38,586,900.28

11.44%

34,626,620.62

	
						
						

The local unit was 0.46% weaker against greenback as it remained above the
ZWL83 mark approaching ZWL84. The total bids allotted rose 11% to USD38.6m .


 

Invest Wisely!

 

Bulls n Bears 

 

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