Who got what from the Zimbabwe foreign currency auction in December


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Nearly 500 businesses benefited from the foreign currency auction system in December getting US$16.7 million.

A total of US$685.4 million was paid out with the bulk, US$651 million coming from foreign currency accounts. And probably for the first time, the interbank market paid out more than the auction disbursing US$17.6 million.

So far US$4.1 billion has been disbursed since the auction was introduced in June 2020.

Below is a list of who got what in December.

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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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