The Zimbabwe dollar today fell by $3.71 against the United States dollar to average $80.47 as it once again narrowed the gap between the official and the parallel market rates.
And for a change bids worth just a million dollars were not accepted as the auction received bids for $19.8 million and US$18.5 million was allotted.
Only 36 of the 237 bids received were disqualified.
The black market rate is between $87 and $95.
The highest rate offered was $87 up from $82 last week.
The lowest rate remained static at $70.
The lowest rate accepted, however, moved from $75 to $78.
The bulk of the money, US$7.6 million went to raw materials.
Machinery and equipment got US$4.5million while pharmaceuticals and chemicals were allotted US$1.7 million.
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