RBZ Foreign Exchange Auction Results ::: 23 February 2021

[Bulls n Bears]

 <http://www.firstmutual.co.zw/>
<https://www.facebook.com/Hyundaizimbabwe/> 

 

Dear Subscriber,

 

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

 

	
Auction Results 23 Feb 2021

Auction Results 16 Feb 2021

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Value of Bids Accepted (USD)

2,579,573.89

34,615,283.93

2,928,388.75

35,658,511.50


Highest Rate (ZWL)

88.0000

87.0000

88.0000

89.0000


Lowest Rate (ZWL)

82.0000

82.0000

82.0000

82.0000


Lowest Accepted Rate (ZWL)

82.0000

82.0000

82.0000

82.0000


Amount Allotted (USD)

2,579,573.89

34,615,283.93

2,928,388.75

35,658,511.50


Number of Bids received

183

301

235

368


Number of Bids rejected

23

34

19

44


 

				

Weighted Average Rate (ZWL)

83.8868

-0.1544%

83.7573

100.0000%


 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

613,448.97

16,141,537.62

642,079.49

17,632,366.75


Machinery & Equipment 

485,101.40

6,232,922.02

584,020.62

6,168,295.87


Consumables  

714,924.93

2,156,924.38

728,829.69

2,297,642.05


Pharmaceuticals & Chemicals

206,427.25

1,818,742.38

352,162.24

2,420,340.41


Services 

211,500.25

3,020,305.55

215,332.56

2,265,229.28


Retail & Distribution 

171,870.25

2,357,818.73

215,769.41

2,747,681.03


Fuel, Electricity & Gas 

156,065.84

2,374,832.50

127,726.27

1,897,952.19


Paper & Packaging 

20,235.00

512,200.75

62,468.50

229,003.92


Total 

2,579,573.89

34,615,283.93

2,928,388.78

35,658,511.50


 

				

Grand Total Awarded

37,194,857.82

-3.61%

38,586,900.28

	
						
						

The local unit was 0.1544% weaker against greenback as it remained above the
ZWL83 mark approaching ZWL84. The total bids allotted declined 3.6% to
USD37.2m . 

 

Invest Wisely!

 

Bulls n Bears 

 

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