It averaged $82.56 last week and went down to $82.92 at today’s auction.
All bids by the main sector and the small and medium enterprises were met in full with the SMEs getting US$517 630.88 and the min auction being allotted US$13.7 million.
Only 16 bids from the 56 received from SMEs were disqualified and 17 out of 113 for the main auction were also disqualified.
Raw materials and machinery and equipment continued to get the bulk of the funds which totaled just over US$8.3 million.
The highest bid was $88.38 today down from $90last week while the lowest was $78 up from $77.01 last week.
(85 VIEWS)
This post was last modified on August 18, 2020 7:08 pm
The role of social media on how people get their news in Zimbabwe is being…
Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…
The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…
Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…
The United States lost its place as the most influential global power in Africa last…
The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…