FOREX AUCTION: Zim Dollar Official Rate 20 October 2020

The Reserve Bank of Zimbabwe (RBZ) this Tuesday conducted the weekly foreign currency auctions for both the Small to Medium Enterprises and the Main Foreign Currency auction at which the Zimbabwe dollar slightly lost value against the United States dollar. Below are the results of the auction.

Number of bids received:

  • Small-Medium Entreprises – 146
  • Main – 238

Number of Bids disqualified:

  • Small-Medium Entreprises – 14
  • Main – 15

Total Value of Bids Accepted:

  • Small-Medium Entreprises – USD1 740 633.79
  • Main – USD27 057 595.85

The official rate this week stands at $81.3499 from $81.3458 last week.

Image

Download the Pindula App for a better user experience.

Join WhatsApp & Telegram News Groups:

WhatsApp Group: https://chat.whatsapp.com/Lola0p7vo0W5H9lM3o5HCH


Telegram Group:

Back to top

Write a Comment

Your email address will not be published. Required fields are marked *