Forex auction results for 22 of September 2020 are in and the Zim dollar has continued it’s “upward” trend. The weighted average this week has made a small improvement from ZWL$81.7076 last week to ZWL$81.4965 this week.
Full Forex Auction Results 22 September 2020 are as follows:
SME Auction #8
Main Auction #14
Amount Allotted
US$1 224 857.29
US$30 414 189.63
The Highest Rate
86.0000
86.7000
The Lowest Rate
78.0000
78.0000
Lowest Accepted Rate
78.0000
78.0000
Total Bids Accepted
US$1 224 857.29
US$30 414 189.63
Number of Bids Received
117
301
Number of Bids Disqualified
22
35
Forex Auction Weighted Average Rate: ZWL$81.4965
PURPOSE
Amount Allotted SME Auction (US$)
Amount Allotted Main Auction (US$)
Raw Materials
376 244.21
13 561 794.59
Machinery and Equipment
210 272.02
5 726 110.84
Consumables (incl Spare, Tyres, Electricals)
228 453.11
2 737 206.45
Pharmaceuticals and Chemicals
62 527.00
1 522 098.10
Services (Loans, Dividends, Disinvestments, etc)
118 470.39
2 418 570.33
Retail and Distribution (Incl. Food, Beverages, etc)
