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RBZ Allotments Break US$42 Million Mark Amid Sustained Stability

By Alois Vinga
RESERVE Bank of Zimbabwe (RBZ) Foreign Exchange Auction allotments this week reached US$42 million, becoming the highest amount to be disbursed on the platform amid sustained exchange rate stability on the platform.
A trading update released at the close of business Tuesday shows that the main auction received US$36.5 million with priority going towards support boosting productivity.
Among the key allotments, raw materials needs received US$16.4 million, machinery and equipment US$6.5 million, Consumables US$3.3 million, Services US$3.1 million, Retail and Distribution US$2.4 million, Fuel Electricity and Gas US$1.4 million, pharmaceuticals US$2 million, paper and packaging US$1 million. ....

Alois Vinga , Small To Medium Enterprises , Foreign Exchange Auction , Spread This , Fuel Electricity , Medium Enterprises , Main Auction , சிறிய க்கு நடுத்தர நிறுவனங்கள் , வெளிநாட்டு பரிமாற்றம் ஏலம் , பரவுதல் இது , எரிபொருள் மின்சாரம் , நடுத்தர நிறுவனங்கள் , பிரதான ஏலம் ,

Foreign Currency Demand Increases On The RBZ Auction

Foreign Currency Demand Increases On The RBZ Auction
newzimbabwe.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newzimbabwe.com Daily Mail and Mail on Sunday newspapers.

Alois Vinga , Small To Medium Enterprises , Zimbabwe Stock Exchange , Spread This , Reserve Bank , Medium Enterprises , Main Auction , Fuel Electricity , சிறிய க்கு நடுத்தர நிறுவனங்கள் , ஸிஂபாப்வே ஸ்டாக் பரிமாற்றம் , பரவுதல் இது , இருப்பு வங்கி , நடுத்தர நிறுவனங்கள் , பிரதான ஏலம் , எரிபொருள் மின்சாரம் ,

RBZ Auction Dominates Foreign Currency Supply, Allots US$35.2 Million

By Alois Vinga
THE Reserve Bank of Zimbabwe (RBZ) foreign exchange auction has become the major source of foreign currency for big companies, allotting US$35.2 million this week.
A trading update released at the close of the FX37/2021 states that a total 292 bids were accepted on the main auction while 229 bids were accepted on the Small to Medium Enterprises.
The surge in the number of bids and the allotments totalling US$35.2 million indicates that the auction platform is so far the largest external source of foreign currency for local companies.
The official rate sustained a premium of $83.98 against US$1 while the parallel market rate stood at $100 but remains incapacitated to push high volume transactions. ....

Alois Vinga , Small To Medium Enterprises , Spread This , Fuel Electricity , Medium Enterprises , Import Priority List , சிறிய க்கு நடுத்தர நிறுவனங்கள் , பரவுதல் இது , எரிபொருள் மின்சாரம் , நடுத்தர நிறுவனங்கள் , இறக்குமதி ப்ரையாரிடீ பட்டியல் ,