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*Forex Auction Results: Zim Dollar Slides Down To $81.87* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?xu Forex auction results for 01 December 2020 are in and the Zimbabwe dollar has continued it’s “downward” trend against the greenback. The weighted average this week has moved further south from ZWL$81.8151 last week to ZWL$81.8767 this week. ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- US$33.34 million was allotted today compared to US$32.95m last week, with the bulk of the allotment (US$14.45 million) going to raw materials. 23 bids on the Small to Medium enterprises forex auction were disqualified while 34 bids were also disqualified on the main forex auction. The Reserve Bank of Zimbabwe (RBZ) said bids which were disqualified were not eligible in terms of the Priority List. Bids with overdue CDIs, outstanding Bills of Entry (BOEs) and those with sufficient FCA balances were also disqualified. Some bids were allotted on a pro-rata basis to conform with the Import Priority List, the RBZ said. See the table below: _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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