RBZ Foreign Exchange Auction Results ::: 23 March 2021

[Bulls n Bears]

 <http://www.nicozdiamond.co.zw/> 

 

Dear Subscriber,

 

Please find herein the RBZ Foreign Currency Auction Market results for 23
March 2021. 

 

	
Auction Results 23 Mar 2021

Auction Results 16 Mar 2021

					

 

SME Auction

Main Auction

SME Auction

Main Auction


Value of Bids Accepted (USD)

3,076,458.88

32,481,729.79

3,233,262.22

32,064,981.88


Highest Rate (ZWL)

87.0000

87.0000

87.0000

87.0000


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)

3,076,458.88

32,481,729.79

3,233,262.22

32,064,981.88


Number of Bids received

298

333

288

351


Number of Bids rejected

75

49

59

59


 

				

Weighted Average Rate (ZWL)

84.1197

-0.1625%

83.9830

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

647,271.01

12,858,202.23

933,399.68

13,999,784.64


Machinery & Equipment 

753,623.16

7,552,382.07

546,537.60

5,294,452.73


Consumables  

596,217.67

2,800,516.37

608,270.01

2,810,988.48


Pharmaceuticals & Chemicals

223,842.94

1,778,752.93

277,336.10

2,046,664.56


Services 

256,744.48

1,991,575.08

294,729.60

2,485,750.31


Retail & Distribution 

274,677.93

2,698,269.73

278,180.34

2,687,940.58


Fuel, Electricity & Gas 

248,116.41

2,458,057.02

201,157.69

2,177,432.40


Paper & Packaging 

75,965.28

343,974.36

93,651.20

561,968.18


Total 

3,076,458.88

32,481,729.79

3,233,262.22

32,064,981.88


 

				

Grand Total Awarded

35,558,188.67

0.74%

35,298,244.10

	
						
						

The local unit was depreciated against the greenback as it remained broke
through the ZWL85 mark. The total bids allotted rose 0.74% to USD35.6m.
There are expectations the local unit will firm further once inflows improve
during the tobacco selling season due to start end of March or early April.

 

 

Invest Wisely!

 

Bulls n Bears 

 

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