{"id":75349,"date":"2023-03-15T12:06:05","date_gmt":"2023-03-15T10:06:05","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-as-of-14-march-2023"},"modified":"2023-03-15T14:33:46","modified_gmt":"2023-03-15T12:33:46","slug":"zimbabwe-dollar-official-rate-as-of-14-march-2023","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-as-of-14-march-2023","title":{"rendered":"Zimbabwe Dollar Official Rate As Of 14 March 2023"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Zimbabwe dollar this week shed only $4.66<\/b> to average $912.5828<\/b> against the United States dollar on the Reserve Bank of Zimbabwe (RBZ)<\/b> foreign currency auction.<\/p>\n

This Tuesday, 14 March 2023, the weighted average moved to US$1: ZWL$912.5828<\/b>, from US$1: ZWL$$907.9236<\/b> that was set on 07 March 2023.<\/p>\n

The central bank said a total of US$19,819,940.12 <\/b>was allotted today up from US$18,079,094.38<\/b>, which was allotted last week.<\/p>\n

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

The total amount allotted for the Small to Medium Enterprises Forex Auction <\/b>was US$2,530,187.62<\/b> up from US$2,144,924.87<\/b>.<\/p>\n

The total amount allotted on the Main Forex Auction<\/b> was US$17,289,752.50<\/b> up from US$15,934,169.51<\/b>.<\/p>\n

\u2666 Weighted Average Rate 912.5828 from 907.9236.<\/b><\/p>\n

Raw Materials……………………………………(SME) US$ 742,403.42 (MA)<\/b> US$9,572,202.10<\/b><\/p>\n

Machinery and Equipment………………………..(SME) <\/b>US$730,643.76 … (MA)<\/b>US$2,429,410.70<\/p>\n

Consumables (Incl. Spares, Tyres, Electricals, etc)…(SME) <\/b>US$407,072.60 … (MA)<\/b>US$1,091,171.52<\/p>\n

Services (Loans, Education, Dividends, Disinvestments…) (SME)<\/b>US$206,857.61 … (MA) <\/b>US$1,101,088.97<\/p>\n

Retail and Distribution (Incl. Food, Beverages, etc)…(SME)<\/b>US$291,079.27 … (MA)<\/b>US$1,800,702.01<\/p>\n

Electricity ………………………………………………. (MA<\/b>) US$30,000.00<\/p>\n

Pharmaceuticals and Chemicals ………………. (SME)<\/b>US$99,076.09 … (MA)<\/b>US$418,023.70<\/p>\n

Paper and Packaging …………………………… (SME)<\/b>US$53,054.87 ….(MA)<\/b>US$847,153.50<\/p>\n

TOTAL<\/b> Amount allotted for the SMEFX124\/2023 ………..US$2,530,187.62<\/b>
\nTOTAL<\/b> Amount allotted for the MAIN FX130\/2023<\/b> ………US$17,289,752.50<\/b>
\nGRAND TOTAL AWARDED ………………………… US$19,819,940.12<\/b><\/p>\n

1. Bids with overdue CD1s, outstanding Bills of Entry (BOEs), insufficient ZWL and those with sufficient FCA balances were also disqualified.<\/p>\n

2. Some Bids were allotted on a pro-rata basis.<\/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 Zimbabwe dollar this week shed only $4.66 to average $912.5828 against the United States dollar on the Reserve Bank of Zimbabwe (RBZ) foreign currency auction. This Tuesday, 14 March 2023, the weighted average moved to US$1: ZWL$912.5828, from US$1: ZWL$$907.9236 that was set on 07 March 2023. The central bank said […]<\/p>\n","protected":false},"author":84,"featured_media":75348,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,1944,187,1546,14115,14114,653,10023,19],"class_list":{"0":"post-75349","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-all-news","8":"category-economy","9":"tag-africa-press","10":"tag-africa-press-zimbabwe-2","11":"tag-exchange-rates","12":"tag-forex","13":"tag-forex-auction","14":"tag-forex-auction-allotments","15":"tag-forex-auction-results","16":"tag-rbz","17":"tag-rbz-forex-auction-results","18":"tag-zimbabwe"},"yoast_head":"\nZimbabwe Dollar Official Rate As Of 14 March 2023 - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Zimbabwe dollar this week shed only $4.66 to average $912.5828 against the United States dollar on the ...\" \/>\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\/zimbabwe-dollar-official-rate-as-of-14-march-2023\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zimbabwe Dollar Official Rate As Of 14 March 2023\" \/>\n<meta property=\"og:description\" content=\"The Zimbabwe dollar this week shed only $4.66 to average $912.5828 against the United States dollar on the ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-as-of-14-march-2023\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-15T10:06:05+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-15T12:33:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/03\/postQueueImg_1678869373.64.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\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\/zimbabwe-dollar-official-rate-as-of-14-march-2023\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-as-of-14-march-2023\",\"name\":\"Zimbabwe Dollar Official Rate As Of 14 March 2023 - 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