{"id":60068,"date":"2022-05-31T15:28:12","date_gmt":"2022-05-31T13:28:12","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction"},"modified":"2022-05-31T17:43:01","modified_gmt":"2022-05-31T15:43:01","slug":"zim-dollar-breaches-300-mark-at-rbz-forex-auction","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction","title":{"rendered":"Zim Dollar Breaches $300 Mark At RBZ Forex Auction"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The foreign exchange weighted average rate has fallen to US$1: ZWL$308.5201 from US$1: ZWL$290.8876 announced by the Reserve Bank of Zimbabwe (RBZ) last week.<\/p>\n

At this week\u2019s RBZ foreign currency auction conducted on Tuesday, 31 May 2022, a total of US$25.59 million was allotted.<\/p>\n

The bulk of the allotment went to raw materials followed by machinery and equipment, the same as last week.<\/p>\n

782<\/b><\/p>\n

bids were received on the Small to Medium enterprises forex auction, with 723 accepted and 59 disqualified. The total number of bids allotted was 613.<\/p>\n

On the main forex auction, a total of 285 bids were received, 263 were accepted and 22 were disqualified. The total number of bids allotted was 235.<\/p>\n

The RBZ said bids with overdue CDIs, outstanding Bills of Entry (BOEs), insufficient ZWL and those with sufficient FCA balances were also disqualified.<\/p>\n

Some bids were also allotted on a pro-rata basis.<\/p>\n

SMEFX89\/2022<\/b><\/p>\n

782<\/p>\n

MAIN FX95\/2022<\/b><\/p>\n

285<\/p>\n

For More News And Analysis About Zimbabwe<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Zimbabwe. The foreign exchange weighted average rate has fallen to US$1: ZWL$308.5201 from US$1: ZWL$290.8876 announced by the Reserve Bank of Zimbabwe (RBZ) last week. At this week\u2019s RBZ foreign currency auction conducted on Tuesday, 31 May 2022, a total of US$25.59 million was allotted. The bulk of the allotment went to raw […]<\/p>\n","protected":false},"author":84,"featured_media":60067,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,6571,1944,187,1546,653,10023,19,8905],"class_list":{"0":"post-60068","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"category-homepage-english","10":"category-twitter","11":"tag-africa-press","12":"tag-africa-press-zimbabwe-2","13":"tag-exchange-rate","14":"tag-exchange-rates","15":"tag-forex","16":"tag-forex-auction","17":"tag-rbz","18":"tag-rbz-forex-auction-results","19":"tag-zimbabwe","20":"tag-zimbabwe-dollars"},"yoast_head":"\nZim Dollar Breaches $300 Mark At RBZ Forex Auction - zimbabwe<\/title>\n<meta name=\"description\" content=\"The foreign exchange weighted average rate has fallen to US$1: ZWL$308.5201 from US$1: ZWL$290.8876 announced by the Res ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zim Dollar Breaches $300 Mark At RBZ Forex Auction\" \/>\n<meta property=\"og:description\" content=\"The foreign exchange weighted average rate has fallen to US$1: ZWL$308.5201 from US$1: ZWL$290.8876 announced by the Res ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-31T13:28:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-31T15:43:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/05\/postQueueImg_12-6296374fee8c5.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"508\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zim-dollar-breaches-300-mark-at-rbz-forex-auction\",\"name\":\"Zim Dollar Breaches $300 Mark At RBZ Forex Auction - 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