{"id":75975,"date":"2023-03-29T12:14:11","date_gmt":"2023-03-29T10:14:11","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-28-march-2023"},"modified":"2023-03-29T14:37:23","modified_gmt":"2023-03-29T12:37:23","slug":"zimbabwe-dollar-official-rate-28-march-2023","status":"publish","type":"post","link":"https:\/\/www.africa-press.cc\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-28-march-2023","title":{"rendered":"Zimbabwe Dollar Official Rate \u2013 28 March 2023"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Zimbabwe dollar official exchange rate was US$1: ZWL$928.5887<\/b> as per the results of the foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) <\/b>today (Tuesday 28 March 2023).<\/p>\n

The weighted average moved up from US$1: ZWL$915.1822, <\/b>the Zimbabwe dollar official rate for the week of 21-27 March 2023.<\/b><\/p>\n

RBZ said a total of US$ 20,095,134.78 <\/b>was allotted today up from US$18,719,881.96<\/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$1,950,094.82<\/b> down from US$2,530,187.62<\/b>.<\/p>\n

The total amount allotted on the Main Forex Auction<\/b> was US$16,769,787.14<\/b> down from US$17,289,752.50<\/b>.<\/p>\n

\u2666 Weighted Average Rate 928.5887 from 915.1822.<\/b><\/p>\n

Raw Materials…………………………………………….(SME) US$794,513.90 (MA)<\/b> US$9,225,734.27<\/b><\/p>\n

Machinery and Equipment……………………………….(SME)US$757,698.99<\/b> … (MA)US$3,035,605.25<\/b><\/p>\n

Consumables (Incl. Spares, Tyres, Electricals, etc)………(SME)US$278,084.08 <\/b>… (MA)US$1,229,890.94<\/b><\/p>\n

Services (Loans, Education, Dividends, Disinvestments…) (SME)US$127,196.00<\/b> … (MA)US$927,561.66<\/b><\/p>\n

Retail and Distribution (Incl. Food, Beverages, etc)…….(SME)US$269,075.99<\/b> … (MA)US$2,067,940.33<\/b><\/p>\n

Electricity ……………………………………………….<\/p>\n

Pharmaceuticals and Chemicals …………………………. (SME)<\/b>US$100,473.59 … (MA)<\/b>US$407,964.89<\/p>\n

Paper and Packaging …………………………………….. (SME)<\/b>US$52,427.76 ….(MA)<\/b>US$820,967.13<\/p>\n

TOTAL<\/b> Amount allotted for the SMEFX130\/2023 ………..US$2,379,470.31<\/b>
\nTOTAL<\/b> Amount allotted for the MAIN FX136\/2023<\/b> ………US$ 17,715,664.47<\/b>
\nGRAND TOTAL AWARDED ………………………… US$ 20,095,134.78<\/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 official exchange rate was US$1: ZWL$928.5887 as per the results of the foreign currency auction conducted by the Reserve Bank of Zimbabwe (RBZ) today (Tuesday 28 March 2023). The weighted average moved up from US$1: ZWL$915.1822, the Zimbabwe dollar official rate for the week of 21-27 March 2023. RBZ […]<\/p>\n","protected":false},"author":84,"featured_media":75973,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6],"tags":[1493,2189,3352,19,14416,10918],"class_list":{"0":"post-75975","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-reserve-bank-of-zimbabwe-foreign-exchange-rate-auction","12":"tag-zimbabwe","13":"tag-zimbabwe-dollar-exchange-rate","14":"tag-zimbabwe-dollar-official-exchange-rate"},"yoast_head":"\nZimbabwe Dollar Official Rate \u2013 28 March 2023 - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Zimbabwe dollar official exchange rate was US$1: ZWL$928.5887 as per the results of the foreign currency auct ...\" \/>\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-28-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 \u2013 28 March 2023\" \/>\n<meta property=\"og:description\" content=\"The Zimbabwe dollar official exchange rate was US$1: ZWL$928.5887 as per the results of the foreign currency auct ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-28-march-2023\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-29T10:14:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-29T12:37:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2023\/03\/postQueueImg_1680075859.56.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-28-march-2023\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/zimbabwe-dollar-official-rate-28-march-2023\",\"name\":\"Zimbabwe Dollar Official Rate \u2013 28 March 2023 - 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