It averaged $81.8151 against last week’s $81.7102.
Only 36 bids were disqualified at the two auctions with 166 in the SME auction and 268 in the main auction qualifying.
US$2.3 million was allotted at the SME auction and US$30.6 million at the main auction.
The gap between the highest and lowest offers, however, narrowed to $88.33 from $90 last week but the lowest offer remained static at $80.
A total of US$499.8 million has been disbursed since the auction started on 23 June.
Finance Minister Mthuli Ncube is expected to set the tone for 2021 when he presents his budget on Thursday but he has been upbeat about the stability the foreign currency auction has brought to the market.
The Optional Market Implied Rate today stood at $105.24 down from $99.68 a week ago.
(64 VIEWS)
This post was last modified on November 24, 2020 3:44 pm
The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…
Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…
Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…