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RBZ Forex Auction Results – 08 March 2022

RBZ Forex Auction Results – 08 March 2022

The local currency has further depreciated against the US dollar at the Reserve Bank of Zimbabwe (RBZ) foreign currency (forex) auction conducted on Tuesday, 8 March 2022.

This week the weighted average was US$1: ZWL$130.1567 down from the 1 March 2022 rate that stood at US$1: ZWL$127.4864.

In total, US$35.8 millionwas allotted this week, with the bulk of the allotment going to raw materials followed by machinery and equipment, the same as last week.

936 bids were received on the Small to Medium enterprises forex auction, with 865 accepted and 71 disqualified. The total number of bids allotted was 778.

On the main forex auction, a total of 410 bids were received, 377 were accepted and 33 were disqualified. The total number of bids allotted was 355.

The RBZ said bids with overdue CDIs, outstanding Bills of Entry (BOEs), and those with sufficient FCA balances were also disqualified.

Some bids were also allotted on a pro-rata basis.

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23 Comments

Davis Phiri 3 months ago

Akula Shona akula ndebele . Singabantu banye. Omama besindebeleni banengi abaganwe e mashonaland. Omama besindebeleni shoneni banengi abaganwe esinxebele. Pho ubandlululo lolu luluthathangaphi bantwabethu. Pphikisanani ngembono yenu kodwa lingathuki omama Thanks boys and girls


Coole 3 months ago

Guys please can we try by all means to ignore these people who post useless comments especially comments supporting ZANU pf or promoting tribalism

Let's Juc ignore pliz,ngyacela ,ndapota hangu


Absolome fanta 3 months ago

**** **** l say ****..Shona people are Shona people... not rat 🐀 eaters control your valley and small mouth... stupid, empty minded person...be warned never ever say such a **** story...


Absolome fanta 3 months ago

**** **** l say ****..Shona people are Shona people... not rat 🐀 eaters control your valley and small mouth... stupid, empty minded person...be warned never ever say such a **** story...


Absolome fanta 3 months ago

**** **** l say ****..Shona people are Shona people... not rat 🐀 eaters control your valley and small mouth... stupid, empty minded person...be warned never ever say such a **** story...


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Muchama 3 months ago

Chekutanga muvengi wedu ndichamisa kweye Zanu Zanu ndibaba vedu tese kana zvirizvemari musabata mwana wekwa Ncuve uyu mazimbabwien hatina njere tisu tirikuuraya mari yedu nekuyipedza simba why mechidaro imi munatikwanirawozve gadzirisayi hunhu hwenyu zvimwe zvozotevera mhani vana **** veccc imwi


LaSilva@ KC 3 months ago

That's a Void contribution my dear ...some how u really need a mind cleansing cz psychologically ure🚡🥜🥜

Mᴀʀᴀᴠᴀᴢᴀ 3 months ago

Tʜᴇsᴇ ʙᴏɴᴅ ᴅᴏʟʟᴀʀ Rᴛɢs ᴍᴏɴᴇʏ ᴡɪʟʟ sɪɴᴋ ᴡɪᴛʜ Zᴀɴᴜ Pғ ᴄᴏᴍᴇ 2023


Live 3 months ago

I head some saying Zimbabwe has a listening president but what I know is he says he is a listening president this should not confuse,but since he says he is a listening president is he still listening or he forgot he told us that he is a listening president? because USD 1=ZWL$127.4860 within a period of a week value of what they call our money drops to USD1=ZWL$130.1567 all happens in a country with a listening president then if some government workers demand to be payed full salary in USD they considered as problematic people !!I doubt Mr President was serious on his words or he was saying it on an issue differs with some issues like this. I do not hate anybody from Zanu pf because they are all Zimbabwean just like me but the level of their reasoning is too far away from how Zimbabweans are suffering.


Lancelot 3 months ago

Is this the correct exchange rate guys this is insane. I was changed with $1.00 to ZWD230. ZIMBABWE needs new learders with clear conscience.


Davis Phiri 3 months ago

Kupi?

Zvimbazi 3 months ago

Where?

Ta@aa 3 months ago

Ambotaura uya kuti panevakatengwa muno kuti vanhu vaise ruvengu muvanhu nekuda kwetribe topandukirana ichokwadi unobva washaya kuti zvirikubva nepi isu tiri mhuri imwe muvengi wedu tose i1,Zanu


Jimmy Machende 3 months ago

Vybz mundex

Zvimbazi 3 months ago

Vyzbz is the product of a donated sperm

Vybz Kartel 3 months ago

Muvengi ibato risina address ne office

Zvimbazi 3 months ago

Very true lets have unity unity unity
Peace peace peace this way we move forward and win the 2023 elections

Ndatenda

3 months ago


Mnan 3 months ago

Mnangagwa ndiyo inonzi dololo


Zvimbazi 3 months ago

Haugoni ku kopera zita rangu pa****



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