{"id":58184,"date":"2022-04-26T17:13:47","date_gmt":"2022-04-26T15:13:47","guid":{"rendered":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd"},"modified":"2022-04-26T19:22:22","modified_gmt":"2022-04-26T17:22:22","slug":"rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd","title":{"rendered":"RBZ Foreign Currency Auction: Zimbabwe Dollar Continues To Shed Value Against USD"},"content":{"rendered":"

Africa-Press – Zimbabwe. <\/strong><\/span>The Zimbabwe dollar has continued to lose value against the US dollar on the Reserve Bank of Zimbabwe (RBZ) forex auction.<\/p>\n

On Tuesday, 26 April 2022, the weighted average fell to US$1: 159.3482 ZWL$ from US$1: ZWL$155.1419 which was reported by the RBZ on 20 April.<\/p>\n

In total, US$30.4 million was allotted this week, with the bulk of the allotment going to raw materials followed by machinery and equipment, the same as last week.<\/p>\n

920<\/b><\/p>\n

bids were received on the Small to Medium enterprises forex auction, with 869 accepted and 51 disqualified. The total number of bids allotted was 869.<\/p>\n

On the main forex auction, a total of 428 bids were received, 392 were accepted and 36 were disqualified. The total number of bids allotted was 392.<\/p>\n

The RBZ said bids with overdue CDIs, outstanding Bills of Entry (BOEs), and those with sufficient FCA balances were also disqualified.<\/p>\n

Some bids were also 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 has continued to lose value against the US dollar on the Reserve Bank of Zimbabwe (RBZ) forex auction. On Tuesday, 26 April 2022, the weighted average fell to US$1: 159.3482 ZWL$ from US$1: ZWL$155.1419 which was reported by the RBZ on 20 April. In total, US$30.4 million was allotted […]<\/p>\n","protected":false},"author":84,"featured_media":58183,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,6,35,15],"tags":[1493,2189,19],"class_list":["post-58184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-zimbabwe-2","tag-zimbabwe"],"yoast_head":"\nRBZ Foreign Currency Auction: Zimbabwe Dollar Continues To Shed Value Against USD - zimbabwe<\/title>\n<meta name=\"description\" content=\"The Zimbabwe dollar has continued to lose value against the US dollar on the Reserve Bank of Zimbabwe (RBZ) forex auctio ...\" \/>\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\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RBZ Foreign Currency Auction: Zimbabwe Dollar Continues To Shed Value Against USD\" \/>\n<meta property=\"og:description\" content=\"The Zimbabwe dollar has continued to lose value against the US dollar on the Reserve Bank of Zimbabwe (RBZ) forex auctio ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\" \/>\n<meta property=\"og:site_name\" content=\"zimbabwe\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-26T15:13:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-26T17:22:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/04\/postQueueImg_13-62682a3968bf7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\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\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"RBZ Foreign Currency Auction: Zimbabwe Dollar Continues To Shed Value Against USD\",\"datePublished\":\"2022-04-26T15:13:47+00:00\",\"dateModified\":\"2022-04-26T17:22:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\"},\"wordCount\":169,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/zimbabwe\/sites\/14\/2022\/04\/postQueueImg_13-62682a3968bf7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Zimbabwe\",\"Zimbabwe\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\",\"url\":\"https:\/\/www.africa-press.net\/zimbabwe\/all-news\/rbz-foreign-currency-auction-zimbabwe-dollar-continues-to-shed-value-against-usd\",\"name\":\"RBZ Foreign Currency Auction: Zimbabwe Dollar Continues To Shed Value Against USD - 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