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*Zimbabwe Dollar Makes A marginal Gain, Rate At 83.32* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?qr The Zimbabwe dollar marginally gained against the United States dollar on this week’s combined SMEs and Main Foreign Exchange Auction. This week the weighted average was sitting at ZWL$83.3209, up from last week’s weighted average of ZWL$83.3994, thus making a marginal gain of ZWL$0.0785. ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- This is the first time that there has been a bounceback of the local currency since the inception of the auction. The full results are as follows: SME Auction #5 Main Auction #11 Amount Allotted US$976 403.52 US$15 039 656.10 The Highest Rate 86.0000 87.5000 The Lowest Rate 76.5000 76.0000 Lowest Accepted Rate 76.5000 76.0000 Total Bids Accepted US$976 403.52 US$15 039 656.10 Number of Bids Received 75 154 Number of Bids Disqualified 11 25 *Foreign Exchange Auction Weighted Average Rate: ZWL$83.3209* PURPOSE Amount Allotted SME Auction (US$) Amount Allotted Main Auction (US$) Raw Materials 373 003.95 6 050 396.71 Machinery and Equipment 234 793.50 3 540 376.93 Consumables (incl Spare, Tyres, Electricals) 112 721.04 1 307 558.40 Pharmaceuticals and Chemicals 59 584.00 903 605.60 Services (Loans, Dividends, Disinvestments, etc) 92 988.40 1 483 611.12 Retail and Distribution (Incl. Food, Beverages, etc) 53 252.63 1 003 384.34 Fuel, Electricity and Gas – 550 750.00 Paper and Packaging 50 060.00 200 000.00 Total 976 403.52 15 039 656.10 _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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