RBZ Foreign Exchange Auction Results ::: 19 January 2021

[Bulls n Bears]

 <http://www.nedbank.co.za/> 

 

Dear Subscriber,

 

Please see herein the RBZ Foreign Currency Auction Market results for 19
January 2021.

 

	
Auction Results 12 Jan 2021

Auction Results 21 Dec 2020

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Amount Allotted (USD)

2,875,202.48

32,474,342.83

2,811,445.80

33,024,167.01


Highest Rate (ZWL)

87.0000

86.0000

86.5000

86.0000


Lowest Rate(ZWL)

80.0000

80.0000

80.0000

80.0000


Lowest Accepted Rate(ZWL)

80.0000

80.0000

80.0000

80.0000


Total Bids (USD)

2,875,202.48

32,474,342.83

2,811,445.80

33,024,167.01


Number of Bids received

228

	207

305


Number of Bids rejected

9

	11

32


 

				

Weighted Average Rate (ZWL)

82.0833

0.0099%

82.0914

100.0000%


 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

723,820.73

14,860,000.50

663,898.47

16,689,326.97


Machinery & Equipment 

527,444.38

6,218,398.68

605,825.02

4,055,706.41


Consumables  

681,830.48

1,621,972.59

648,742.50

1,998,458.79


Pharmaceuticals & Chemicals

359,206.46

1,760,405.40

335,252.72

2,082,323.40


Services 

180,481.80

2,336,665.61

223,009.05

2,628,099.97


Retail & Distribution 

163,003.96

3,451,572.03

149,583.64

2,913,583.48


Fuel, Electricity & Gas 

165,453.82

1,833,334.58

132,534.40

2,399,586.12


Paper & Packaging 

73,960.85

391,993.44

52,600.00

257,081.87


Total 

                2,875,202.48 

                         32,474,342.83 

                2,811,445.80 

                         33,024,167.01 


 

 

 

 

 


Grand Total Awarded

             35,349,545.31 

-1.36%

             35,835,612.81 

#DIV/0!

						
						

The local unit was marginally firmer against greenback while the bid-ask
spread remained range bound on both auction markets. The total bids allotted
weakened 1.36% to USD35.35m.

 

 

 

Invest Wisely!

 

Bulls n Bears 

 

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