RBZ Foreign Exchange Auction Results ::: 30 March 2021

[Bulls n Bears]

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

 

Dear Subscriber,

 

Please find herein the RBZ Foreign Currency Auction Market results for 30
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)

3,583,457.16

32,185,461.06

3,076,458.88

32,481,729.79


Highest Rate (ZWL)

87.5000

87.5000

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)

3,583,457.16

32,185,461.06

3,076,458.88

32,481,729.79


Number of Bids received

300

344

298

333


Number of Bids rejected

47

68

75

49


 

				

Weighted Average Rate (ZWL)

84.0010

0.1413%

84.1197

	

 

				

Purpose

SME Auction

Allotments

Main Auction

Allotments

SME Auction

Allotments

Main Auction

Allotments


 

USD

USD

USD

USD


Raw Materials 

863,671.91

15,506,292.00

647,271.01

12,858,202.23


Machinery & Equipment 

727,234.26

5,554,725.50

753,623.16

7,552,382.07


Consumables  

765,857.48

2,530,389.92

596,217.67

2,800,516.37


Pharmaceuticals & Chemicals

342,653.71

2,096,811.56

223,842.94

1,778,752.93


Services 

282,478.40

1,867,442.03

256,744.48

1,991,575.08


Retail & Distribution 

134,905.24

2,139,094.89

274,677.93

2,698,269.73


Fuel, Electricity & Gas 

381,707.66

2,034,427.64

248,116.41

2,458,057.02


Paper & Packaging 

84,948.50

456,277.52

75,965.28

343,974.36


Total 

3,583,457.16

32,185,461.06

3,076,458.88

32,481,729.79


 

				

Grand Total Awarded

35,768,918.22

0.59%

35,558,188.67

	
						
						

The local unit was marginally firmed against the greenback as it remained
around the ZWL84 mark. The total bids allotted rose 0.59% to USD35.8m. There
are expectations the local unit will firm further once inflows improve
during the tobacco selling season due to start just after the Easter holiday
break.

 

 

Invest Wisely!

 

Bulls n Bears 

 

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