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Mangudya Suspends RBZ Forex Auction With Immediate Effect

Mangudya Suspends RBZ Forex Auction With Immediate Effect

The Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya, has temporarily suspended the foreign currency auction with immediate effect as from yesterday.

Tuesday’s Forex Auction was last for the year, with the next auction scheduled for next year, 11 January 2022.

The Zimbabwe dollar has slightly firmed against the US dollar at the Reserve Bank of Zimbabwe (RBZ) foreign currency (forex) auction.

The RBZ held its last foreign currency auction for the year 2021 yesterday in view of the forthcoming festive season.

According to data published by the RBZ after the forex auction conducted on Tuesday, 14 December 2021, this week, the weighted average was US$1: ZWL$108.6660 down from last week’s rate that stood at US$1: ZWL$108.6678.

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14 Comments

Zman 6 months ago

Hakuna nekunomboendwa nematofo aya


Msika Wemali Analyst. 6 months ago

That's a bearish move of 18 pips for USD/ZWL. It keeps losing strength against USD. My personal perspective it's that by the time the auction system is opened next year, ZWL would have further gone down. How can we be served from this messy🙇🙇💁🙆?


Anonymous trader 6 months ago

😂😂USD harimire kutapira pa bond I'll invest account yangu yese pa USD and in a few seconds ndinenge ndapinda mu blue. Targeting 50 000 pips no stop loss needed

Exness_Zim 6 months ago

We might See a slight pullback while forming a bearish flag before we rally down a further 100pips

Msika Wemali Analyst. 6 months ago

That's a bearish move of 18 pips for USD/ZWL. It keeps losing strength against USD. My personal perspective it's that by the time the auction system is opened next, ZWL would have further gone down. How can we be served from this messy🙇🙇💁🙆?


Shadows 6 months ago

Gono laughing @ $1=108bnd. Ko yake yaiva $1=1000000+ akasekwa nani. Zvakaoma bt Mangudya is far much better


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Confucius🙄Confuse-us. 6 months ago

🤣🤣🤣🤣Dr Nostro KKK panonetsa ka paRBZ? Strong currency $1US:$108Nostro/Vostro/RTGS. Mr Bearer Gono must be laughing at Mr Bond Mangudya🤣🤣🤣🤣


Confucius🙄Confuse-us. 6 months ago

🤣🤣🤣🤣🤣🤣

Imwe mbeu 6 months ago

😂😂 kungoti Cyber Bill rakasainwa 🙊

### 6 months ago

Kkkkk word vostro randibata


Greedy 6 months ago

Ndaseka Zvangu
😆😆😆😆😆😆
🤦🤦🤦🤦🤦🤦
🙆🙆🙆🙆🙆🙆
"SLIGHTLY FIRMED"
🖕
🤔 🤔


Chapwititi 6 months ago

Kana kutovhara zvachose because hazvina zvazvinobatsira,Vostro i Vostro hazvichinje.


Chapwititi 6 months ago

Slightly firmed at $1USD to Vostro 108.66,?musade kutinzwa.


Zimdollar 6 months ago

Hanzi "Slightly firmed". Ndaseka zvangu 😂😂😂😂😂



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