Foreign exchange auction results are in. The rate is sitting at US$1.00 to ZWL$65.8765 (rounded up to 65.88).
The highest bid was ZWL$90.00 and the lowest was ZWL$30.00. The weighted average was ZWL$65.8765 an increase from last week’s ZWL$63.7.
The amount allotted was US$13 602 407.84 a decrease from last week’s US$16 321 028.61. (The total bids however amounted to US$15 872 481.93 closer to last week’s figure of US$16.3, Supply and Demand?)
|Retail and Distribution||1,936,463.70|
|Construction, Engineering and Electricals||1,036,653.18|
|Paper and Packaging||468,800.00|
|Consumables (Spares and Parts)||438,423.46|
|Pharmaceuticals and Chemicals||411,042.35|
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